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Shoppes at Magnolia Circle 33108 Magnolia Cir 11,550 SF 100% Leased Retail Building Magnolia, TX 77354 $8,138,810 CAD ($704.66 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Shadow-anchored by H-E-B and the 184-unit Alders Magnolia.
- Magnolia is nationally ranked as 7th in growth among U.S. Counties (City of Magnolia).
- Magnolia is near four major employment hubs: Tomball, The Woodlands, Conroe, and Houston.
- Major housing development nearby including the 3,300-acre master-planned Audubon Magnolia and the $20M mixed-use Magnolia Lights project.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,550 SF
Building Class
C
Year Built
2023
Price
$8,138,810 CAD
Price Per SF
$704.66 CAD
Cap Rate
6.50%
NOI
$529,023 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.89 AC
Frontage
194’ on Farm to Market Road 1488
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8765-00-00100 | Improvements Assessment | $2,086,687 CAD |
| Land Assessment | $937,476 CAD | Total Assessment | $3,024,163 CAD |
PROPERTY TAXES
Parcel Number
8765-00-00100
Land Assessment
$937,476 CAD
Improvements Assessment
$2,086,687 CAD
Total Assessment
$3,024,163 CAD
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Shoppes at Magnolia Circle | 33108 Magnolia Cir
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