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Single-Tenant Office Medical

The Woodlands Design Center

30643 FM2978, Magnolia, TX 77354

Listing Price: $2,397,000

Cap Rate
6.54%
Tenant Name
Tipler
Guarantor
Personal Guarantee
Rentable SF
6,272
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.00

Investment Overview

The subject property is a 6,272 SF fully occupied retail/office space situated in Magnolia, TX. Lamerie 2978 is located off Woodlands Pkwy and FM 2978. Demographics are very desirable with over 107,187 people with an average house hold income of over $177,000 within five miles of the center. The property is South of Westwood Village and surrounded by apartments, townhomes, residential neighborhoods, and schools from elementary to highschool.

Investment Highlights

  • 100% Occupied | Sale and leaseback with a 5 year term
  • 6.5 Cap Rate | $382.17 / SQFT
  • AHHI within 3 miles $177,433

Exclusively Listed By

Single-Tenant Office Medical

The Woodlands Design Center

Listing Price: $2,397,000

Cap Rate
6.54%
Tenant Name
Tipler
Guarantor
Personal Guarantee
Rentable SF
6,272
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.00

Investment Highlights

  • 100% Occupied | Sale and leaseback with a 5 year term
  • 6.5 Cap Rate | $382.17 / SQFT
  • AHHI within 3 miles $177,433

Investment Overview

The subject property is a 6,272 SF fully occupied retail/office space situated in Magnolia, TX. Lamerie 2978 is located off Woodlands Pkwy and FM 2978. Demographics are very desirable with over 107,187 people with an average house hold income of over $177,000 within five miles of the center. The property is South of Westwood Village and surrounded by apartments, townhomes, residential neighborhoods, and schools from elementary to highschool.

Exclusively Listed By

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