Profitable Magnolia, Texas property: 3.86-acre industrial site with modern amenities and secure lease.
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Asking Price
$6,900,000
Detailed Information
Magnolia, Texas, US
Not Provided
NA
Business Description
Investment opportunity with 6.3% cap rate in Magnolia, Texas: 3.86-acre property with 4 metal buildings. Prime tenant lease until March 2030, NNN with 3% annual escalations. Buildings are air-conditioned, equipped with athletic flooring, with ample amenities like conference rooms, offices, and outdoor areas. Site features include sand court, parking, security systems, and upgraded bathrooms, among others. The property consists of light industrial buildings with spacious interiors and modern facilities. Located in a fast-growing area of Montgomery County, south Texas, with easy access and visibility. Ideal for investors seeking steady rental income and long-term lease stability. Contact broker for more details and to arrange a viewing of this promising commercial real estate opportunity. Unique investment opportunity in Magnolia, Texas: well-maintained property offering potential for lucrative returns. Secure lease with a top tenant, site improvements including parking, security, and landscaping. Strategic location in a thriving area, featuring quality