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33204 CIR Magnolia TX 77354

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Details
Property Type Industrial, Special Purpose
Sub Type Flex, Sports/Entertainment
Building SqFt 38,000
Year Built 2014
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 30.2253
Longitude -95.5839

Property History

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Property Type
Property Type
Industrial, Special Purpose
Property Subtype
Flex, Sports/Entertainment
Marketing Description

Prime investment opportunity! Long-term NNN corporate-backed lease. Annual rent increases and a renewal option. Located in rapidly growing Montgomery County, TX, in Magnolia and minutes from The Woodlands, Conroe, Montgomery, and Tomball.

Open to seller financing. Contact the agent/owner today for more information.

Investment Highlights

This prime single-tenant industrial warehouse space spans approx. 38,000 SF across five free-standing metal buildings on 3.86 acres in Magnolia, TX. With a long-term tenant in place until March 2030, offering a 7.07% cap rate and annual rent bumps, this property presents a lucrative investment opportunity.

Benefiting from its close proximity to FM 1488 with over 40,000 VPD. Located within walking distance of HEB, Marble Slab, Great American Cookie Co, Hollywood Feed among many other businesses. The three larger buildings (A, B, C) feature 32' ceiling heights, large manual roll up doors, custom sports court flooring, and fully air-conditioned interiors. Building A includes offices, restrooms, and a concession/kitchen area. Additional buildings include a 1430 sq foot office building and 660 sq foot workout space, both fully air conditioned. The property also includes two full-sized sand volleyball courts with lights and netting as well as a separate storage building.

Contact us today to learn more about this opportunity.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
SB
Shelly Burke PRO
•••.•••.7433
••••••••••yllc@•••••.com
Ignite Real Estate Group

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