Building Details:
• Year Built: 2016
The subject property is located along FM 1488 (8,000+ VPD) in Magnolia, Texas. The building is a larger 10,640 SF “Plus Location” footprint to accommodate the higher projected sales volume and traffic at the location. The immediate area has experienced significant population growth as people continue to flock north of Houston. The immediate area experienced 7% annual growth from 2000-2010 and continues to experience growth over 3% annually. The subject property is ideally positioned to capture current and future area growth.
Magnolia sits 40 miles North of Houston and 20 miles West of The Woodlands and is a part of the Houston-Sugarland-The Woodlands MSA, which is the 5th largest MSA in the United States.
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