For Sale
$4,750,000
14546 Red Crk Cir Magnolia, TX 77354
High-Yield NNN Lease, Strong Tenant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Absolute triple-net lease with zero landlord responsibilities.
- 1.5% annual rent escalations commencing in year six.
- Strong corporate guarantee from Christian Brothers, a rapidly expanding company with over 275 locations and a history of consistent growth.
- Densely populated area with over 213,000 residents within a 5-mile radius.
- High average household income exceeding $141,000, significantly above the national average.
- Excellent retail co-tenancy including HEB, CVS, Starbucks, and numerous national quick-service restaurants and banks.
Property Details for 14546 Red Crk Cir
- Property type
- Retail properties, Auto shops
- Square Feet
- 5,373 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 51,575 SF
Location Insight
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Latitude
- 30.223332
- Longitude
- -95.68754
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Lease, Strong Tenant
- Where is the retail property located?
- The property is located at 14546 Red Crk Cir Magnolia, TX.
- What is the asking price?
- The asking price for this property is $4,750,000.
- What are key features of this property?
- This property features: Absolute triple-net lease with zero landlord responsibilities.; 1.5% annual rent escalations commencing in year six.; Strong corporate guarantee from Christian Brothers, a rapidly expanding company with over 275 locations and a history of consistent growth.
- How can I contact the broker?
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