For Sale
$3,270,000
13313 Fm 1488 Rd Magnolia, TX 77354
High-growth market, 10-year net lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- $3,270,000 asking price for a 4,500 SF Sherwin-Williams (NYSE: SHW) storefront.
- 10-year net lease with 10% rent increases every 5 years.
- Located in a high-growth Magnolia, TX market, outparceled to Lowe's and near H-E-B.
- 5.30% cap rate with a $173,250 NOI.
- New construction (2024) with minimal landlord responsibilities.
Property Details for 13313 Fm 1488 Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 4,500 SF
- Class
- A
- Year Built
- 2024
- Lot Size (sq. ft)
- 32,670 SF
Location Insight
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Latitude
- 30.2228641
- Longitude
- -95.6745384
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-growth market, 10-year net lease.
- Where is the retail property located?
- The property is located at 13313 Fm 1488 Rd Magnolia, TX.
- What is the asking price?
- The asking price for this property is $3,270,000.
- What are key features of this property?
- This property features: $3,270,000 asking price for a 4,500 SF Sherwin-Williams (NYSE: SHW) storefront.; 10-year net lease with 10% rent increases every 5 years.; Located in a high-growth Magnolia, TX market, outparceled to Lowe's and near H-E-B.
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