9533 Fm 1488 Rd, Magnolia, TX 77354

This exceptional 14,907-square-foot shopping center in Magnolia, Texas, presents a compelling investment opportunity. Built in 2023, this Class A property boasts 100% occupancy with five tenants under triple-net leases, all including personal guarantees. The center benefits from below-market rents and 60% of the gross leasable area has leases with annual rent increases, ensuring consistent income growth. Situated on a 1.56-acre lot with ample concrete parking, the property enjoys high visibility on FM 1488, with daily traffic exceeding 27,340 vehicles. The tenant mix includes a diverse range of national, regional, and local retailers, many of which are internet-resistant. Key amenities include a drive-through window and outdoor patio dining options. The property's location within Montgomery County, one of the nation's fastest-growing areas, and its proximity to major retailers and affluent residential communities, makes this a truly exceptional investment. The strong NOI of $393,810 and a 7.00% cap rate further solidify its attractiveness. The area's average household income within a five-mile radius exceeds $132,407, indicating a robust consumer base. Future infrastructure improvements, such as the SH 249 Toll Way extension, promise further growth and accessibility. This is a rare opportunity to acquire a stabilized, high-performing retail asset in a prime location with significant upside potential. The asking price is $5,626,000.