Prime investment opportunity! Located in rapidly growing Montgomery County, TX, in Magnolia and minutes from The Woodlands, Conroe, Montgomery, and Tomball.
This prime single-tenant industrial warehouse space spans approximately. 38,000 SF across five free-standing metal buildings on 3.86 acres in Magnolia, TX. With a long-term tenant in place until March 2030, offering a 6.86% cap rate and annual rent bumps, this property presents a lucrative investment opportunity.
Benefiting from its close proximity to FM 1488 with over 40,000 VPD. Located within walking distance of HEB, Marble Slab, Great American Cookie Co, Hollywood Feed, among many other businesses. The three larger buildings (A, B, C) feature 32' ceiling heights, large manual roll-up doors, custom sports court flooring, and fully air-conditioned interiors. Building A includes offices, restrooms, and a concession/kitchen area. Additional buildings include a 1430 square foot office building and a 660 square foot workout space, both fully air conditioned. The property also includes two full-sized sand volleyball courts with lights and netting, as well as a separate storage building.
Contact the agent/owner today for more information.