26715B Decker Prairie Rosehl Rd - Office FOR SALE


Magnolia, TX 77355
$769,000 USD
832-248-9128
26715B Decker Prairie Rosehl Rd, Magnolia, TX for Sale
$769,000 USD
Office - FOR SALE
1/18
null | 7% Cap Rate

26715B Decker Prairie Rosehl Rd
Magnolia, TX 77355


HIGHLIGHTS

  • High-Growth Area - Surrounded by New Development!
  • Long-Term Lease in Place with Renewal Option
  • Above-Market Lease Rate
  • 2% Rent Bumps Yearly
  • Property Completely Renovated Summer of 2024

OVERVIEW

This single-tenant, triple-net office asset is strategically located along the Decker Prairie-Magnolia corridor in a high-growth submarket of Northwest Houston. The property is secured by a long term NNN lease, providing durable, predictable cash flow with minimal landlord obligations. Surrounded by expanding residential and commercial development, this asset offers investors stable income today with embedded upside through continued area growth and long-term appreciation. This asset is located on +/- 0.4 AC with 2,476SF of office space featuring 5 private offices, a break room/kitchen, separate M/F bathrooms, spacious conference room, dedicated co-working space, and a recently built 80'x 80' storage space. Financials and Survey available upon request. Current Tenant in Place - Invicta Technologies Inc. - a construction company providing innovative and cutting edge solutions to the construction industry.

FOR SALE DETAILS

PRICE

$769,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Unrestricted

APN/PARCEL ID

0077-00-00725

ASK ABOUT THIS PROPERTY

James WarnerColdwell Banker Commercial RealtyMore Info
832-248-9128

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James WarnerColdwell Banker Commercial RealtyMore Info
832-248-9128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.