512-955-4292
9511 FM 1488, Magnolia, TX for Sale
Storefront - FOR SALE
1/18
null | 6.5% Cap Rate

9511 FM 1488
Magnolia, TX 77354


HIGHLIGHTS

  • Located on FM 1488 with 27,811 VPD, one of the fastest-growing corridors north of Houston
  • Anchored by Dollar Tree with staggered lease expirations through 2036
  • Diverse recession-resistant tenant mix; medical, dental, food, and service retail
  • Magnolia population grew 147% from 2020–2024
  • Available individually or as part of a six-property Houston MSA retail portfolio

OVERVIEW

Alison Commercial Group presents Windcrest Village Square Phase I, a fully leased, 20,255 SF multi-tenant retail center positioned on FM 1488 in Magnolia, Texas, one of the fastest-growing corridors north of Houston, approximately 15 minutes from The Woodlands.? The property is 100% leased to five NNN tenants with staggered lease expirations through 2036, offering investors long-term income stability and minimal rollover risk.? The tenant mix spans medical, dental, food, and service retail anchored by Dollar Tree and complemented by Next Level Urgent Care, RA Oracare Dentist, Sweetwaters Coffee & Tea, and Galindo Barbershop. The center serves one of the most affluent suburban trade areas in the greater Houston MSA, with an average household income exceeding $150,000 within a 3-mile radius.? Magnolia's population grew 147% from 2020 to 2024, driven by master-planned community development. This property is part of a 6-property Houston MSA retail portfolio. Available for individual purchase or as part of a portfolio/bulk acquisition. Contact listing broker for portfolio pricing and details.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windcrest Village Square - Phase I

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Storefront Retail/Residential, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

6791-05-37101

ASK ABOUT THIS PROPERTY

Imtiaz AliAlison Commercial Group at KW CommercialMore Info
512-955-4292

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Imtiaz AliAlison Commercial Group at KW CommercialMore Info
512-955-4292

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