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Lone Pint Brewery 507 Commerce St

5,360 SF 100% Leased Retail Building Magnolia, TX 77355 $1,000,000 ($187/SF) 3% Cap Rate

Investment Highlights

  • Located on Magnolia Stroll
  • Corner Lot

Executive Summary

Business is not for sale. Lone Pint Brewery leased through December 31, 2026. Adjacent lot/building at 507 Magnolia Blvd. also for sale for additional sale amount.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,360 SF
Building Class
C
Year Built/Renovated
1983/2008
Price
$1,000,000
Price Per SF
$187
Cap Rate
3%
NOI
$30,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.51
Lot Size
0.24 AC
Zoning
Magnolia Town Center - Mixed commercial, civic, and residential uses, Commercial retail & office, Public/institutional, Entertainment, Public Spaces

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Lone Pint Brewery
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Lone Pint Brewery Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Prosperity Bank
Regions Bank
Chase
Brookshire Brothers
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7120-00-11600
Land Assessment
$62,100
Improvements Assessment
$166,900
Total Assessment
$229,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33042872

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 507 Commerce St, Magnolia, TX 77355

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