30643 Fm2978The Woodlands, TX 77354

Property Details for 30643 Fm2978

Property size (Sq ft)

15,739 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a fully occupied, three-building office complex totaling 15,739 square feet, situated on a 15,739 square foot lot in Magnolia, Texas. The Class B property, located at 30643 FM 2978, features single-story buildings and a triple net (NNN) lease structure. Currently boasting 100% occupancy with a diverse tenant mix including a home automation firm, an architecture group, and an investment firm, this property offers immediate cash flow and significant upside potential. The strategic location at the western gateway to The Woodlands, via Woodlands Parkway, provides exceptional visibility and accessibility to a thriving, affluent community. Daily traffic counts along FM 2978 average approximately 40,000 vehicles per day, ensuring high brand awareness. The property benefits from strong local demographics, with an average household income within a 5-mile radius exceeding $172,726 and $1.6 billion in annual consumer spending. The area's robust growth trajectory, with a 56% increase in households within a 10-mile radius from 2010 to 2023 and projected 8% further growth through 2023, underscores the long-term investment value. Premium building and monument signage opportunities further enhance the property's appeal and marketing potential. The asking price for this multi-tenant office complex is $7,000,000.

Location Insight

City

The Woodlands

County

Montgomery

State

Texas

Latitude

30.1964

Longitude

-95.5881

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