14546 Red Crk CirMagnolia, TX 77354

  • Retail properties
  • 5,373 SF
For Sale
$4,750,000 View listing

Property Details for 14546 Red Crk Cir

Year built
2023
Lot size
1.18 AC
Property size (Sq ft)
5,373 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a 5,373 square foot auto shop in Magnolia, Texas, boasting a 15-year absolute NNN lease with a strong corporate guarantee. Built in 2023, the property sits on a 1.184-acre lot and enjoys 100% occupancy, generating a substantial NOI of $297,000 and a 6.25% cap rate. The asking price is $4,750,000, translating to $884.05 per square foot. The lease includes annual rent escalations starting in year six, mitigating inflation risk. Located at 14546 Red Crk Cir, Magnolia, TX 77354, this property benefits from a prime location surrounded by numerous national retailers, including HEB, CVS, Starbucks, and more. The thriving community boasts a population exceeding 213,000 within a 5-mile radius and an average household income over $141,000—more than double the national average. The tenant, Christian Brothers Automotive, a rapidly expanding national chain with over 275 locations, provides exceptional stability and growth potential. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term value.

14546 Red Crk Cir, Magnolia, Texas

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.2233
Longitude
-95.6875

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