32823 Fm-2978, Magnolia, TX 77354
16,480 SF | 93% Leased | Retail Building | Magnolia, TX 77354 | For Sale
For Sale
Active
- Property Type
-
Retail
- Square Feet
- 16,480 SF
Listing Contacts
Micha Van Marcke
Property Overview
Value-add retail center offering consistent cash flow, immediate upside through the lease up of the remaining vacancy, and long-term value creation through rental appreciation, built-in escalations and facelift opportunities
Property Details
- Class
- B
- Year Built
- 1998
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 80,150 SF
Highlights
- Value-add retail center offering consistent cash flow, immediate upside and long-term value creation
- Diverse service-oriented, internet resistant tenant line-up poised to serve the dense and affluent surrounding residential trade area
- Exceptional demographics surrounding the asset with a population of over 122,000 people and average household incomes exceeding $122,000
- Located along FM 2978 between the intersections of FM 1488 and Research Forest Drive, the Property is situated within a regional retail hub
- Located within the rapidly expanding Montgomery County, significant population growth is predicted to exceed 11% over the next five years
- Property abuts The Woodlands, one of Houston’s most prestigious, affluent and deed restricted master-planned communities
All available spaces
- Space
- 1st Fl-Ste C
- Size
- 1,200 SF
Nearby Properties
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