Tamina Road Properties
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Tamina Road Properties
2 Flex Properties Offered at $3,300,000 in Magnolia, TX
Investment Highlights
- Located on Tamina Rd. only minutes to Woodlands Pkwy. or FM 1488 in Magnolia
- Immediate cash flow with four of the eight units already leased to reliable tenants.
Executive Summary
3 buildings in Office Park.
Buildings A consists of 3 suites each at 2,210 Sq. Ft. for a total of 6,630 Sq. Ft.
Building B consists of 7,830 Sq. Ft.
Building C consists of 6,615 Sq. Ft.
Total buildings square footage is 21,075.
This Business Park consists of eight units located on Tamina Rd. only minutes to Woodlands Pkwy. or FM 1488 in Magnolia.
All leases have an annual base rent bump of 2 to 3%. Combined base rent monthly is $22,800.92 x 12 = $273,611.04.
Buildings A consists of 3 suites each at 2,210 Sq. Ft. for a total of 6,630 Sq. Ft.
Building B consists of 7,830 Sq. Ft.
Building C consists of 6,615 Sq. Ft.
Total buildings square footage is 21,075.
This Business Park consists of eight units located on Tamina Rd. only minutes to Woodlands Pkwy. or FM 1488 in Magnolia.
All leases have an annual base rent bump of 2 to 3%. Combined base rent monthly is $22,800.92 x 12 = $273,611.04.
Property Facts
| Price | $3,300,000 | Number of Properties | 2 |
| Price / SF | $156.58 / SF | Individually For Sale | 0 |
| Cap Rate | 8.29% | Total Building Size | 21,075 SF |
| Sale Type | Investment | Total Land Area | 1.38 AC |
| Status | Active |
| Price | $3,300,000 |
| Price / SF | $156.58 / SF |
| Cap Rate | 8.29% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,075 SF |
| Total Land Area | 1.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 32411 Tamina Rd, Magnolia, TX 77354 | Flex | 14,460 SF | 2019 | - |
| 32415 Tamina Rd, Magnolia, TX 77354 | Flex | 6,615 SF | 2024 | - |
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Lewis Walker -
Gabriela Duran -
Texas Glocal Partners
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