33108 Magnolia Cir Magnolia, TX 77354
- Lifestyle centers
- 7,000 SF
Current Use by Public Records
- Hollywood Feed / Pet Store
- Irish Nails and Spa Magnolia Woodland, TX / Nail Salon
- Jeremiah's Italian Ice / Ice Cream Shop / Dessert Shop
Property Details for 33108 Magnolia Cir
- Year built
- 2023
- Property size
- 7,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 7,000 - 41,211 square foot shopping center, built in 2023, presents a compelling investment opportunity. Located at 33108 Magnolia Cir, Magnolia, TX 77354, in Montgomery County, this single-story, mixed-use, retail property boasts 100% occupancy and a 6.25% cap rate. The property is shadow-anchored by a prominent H-E-B grocery store and the 184-unit Alders Magnolia apartment complex, ensuring strong tenant traffic and stability. Benefiting from Magnolia's rapid growth – nationally ranked 7th among U.S. counties – this location enjoys proximity to four major employment centers: Tomball, The Woodlands, Conroe, and Houston. Further enhancing its appeal are nearby major housing developments, including the 3,300-acre Audubon Magnolia master-planned community and the $20 million Magnolia Lights mixed-use project. The property is offered at an asking price of $6,895,136 and operates under a NNN lease structure with multiple tenants. This is a rare opportunity to acquire a thriving retail asset in one of Texas's fastest-growing markets. The property's strategic location and strong tenant mix make it an ideal investment for discerning buyers seeking high returns and long-term appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.583829217015
- Latitude
- 30.221965560844
