Property profile

1488 And Ml Crk Rd Magnolia, TX 77354

OFF-MARKET
Lifestyle centers
24,000 SF
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Property summary

AI-generated overview

Magnolia Crossing Shopping Center presents a unique opportunity for a single-tenant retail business in the thriving town of Magnolia, Texas. Located at the high-traffic intersection of FM 1488 and Mill Creek Road, this 24,000 square foot shopping center offers unparalleled visibility and accessibility. The entire space is currently vacant, providing a blank canvas for a discerning tenant to create their ideal retail environment. The property is situated in Montgomery County, Texas, within the 77354 zip code, benefiting from a strong local economy and a growing population. This single-tenant occupancy allows for complete customization and control over the space, eliminating the complexities of multi-tenant management. The substantial square footage provides ample room for a large-scale retail operation, warehouse space, or a combination thereof. The strategic location ensures high foot traffic and excellent exposure to potential customers. This is an exceptional opportunity to establish a prominent retail presence in a rapidly developing area of Texas. The property's size and location make it ideal for a variety of retail concepts, from large-format stores to specialized boutiques. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

Property profile

Verified
Property type Lifestyle centers
Total area 24,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1488 And Ml Crk Rd Magnolia, TX 77354
Magnolia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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