The Woodlands/Magnolia Shopping Center

Magnolia (Houston), TX
This listing is no longer available.
This listing is currently in escrow.


Sold October 2022

Price: $6,600,000

Cap Rate: 6.7%

Represented: Buyer

Location: Houston, TX



  • Newly Constructed Strip Center With Zero Vacancies
  • All Tenants Reimburse Their Pro-Rata Share of Taxes, CAM and Insurance
  • The Majority of the Strip Center is Leased For Approximately 10 Years
  • Rapidly Growing Area With an Estimated 14% Increase Over the Next 5 Years
  • Located Within the Extremely Affluent Magnolia Submarket
  • Average Household Income is Over 157,988 Within a 3-Mile Radius
  • Located Along the Main Retail Corridor of Magnolia, Texas
  • Excellent Visibility on FM 1488 Road With High Traffic Counts of Over 45,700 VPD
  • Magnolia School District is One of the Fastest Growing Districts in the State of Texas
  • Growing Population With Over 352,200 Residents Within a 10-Mile Radius
  • Nearby Tenants Include: Popeye’s, Sonic Drive-In, Goodyear, Goodwill, Denny’s, ALDI, Home Depot, Target, PetSmart, Starbucks, Gold’s Gym, Panda Express, Chick-fil-A and More

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