5677 FM 1488 Rd | Magnolia, TX 77354
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5677 FM 1488 Rd
Magnolia, TX 77354
The Egyptian · Retail Property For Sale
Investment Highlights
- Newly Constructed Strip Center With Zero Vacancies
- The Majority of the Strip Center is Leased For Approximately 10 Years
- Located Within the Extremely Affluent Magnolia Submarket
- All Tenants Reimburse Their Pro-Rata Share of Taxes, CAM and Insurance
- Rapidly Growing Area With an Estimated 14% Increase Over the Next 5 Years
- Average Household Income is Over 157,988 Within a 3-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
19,017 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.97 AC
Zoning
N/A
Parking
76 Spaces (5.2 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
About 5677 FM 1488 Rd , Magnolia, TX 77354
In Cooperation With Sands Investment Group Austin, LLC – Lic. # 9004706 BoR: Max Freedman – Lic. # 644481
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,708,831 | |
| Land Assessment | $1,191,436 | Total Assessment | $4,900,267 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,191,436
Improvements Assessment
$3,708,831
Total Assessment
$4,900,267
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