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31300-31368 Nichols Sawmill Rd
1,512 - 3,024 SF Office/Medical Units Offered at £328,379 - £353,063 Per Unit in Magnolia, TX 77355
Investment Highlights
- Upscale, new construction, condominium office space
- Natural lighting & upper-end finishes
- Build-out complete to accommodate medical specialist
Executive Summary
Custom new office condo for sale in Magnolia, Texas! Conveniently located in the Magnolia Office Park, off Nichols Sawmill Road, this unit offers offer just over 1500 SF of upper end office space with easy accessibility. This highly traveled area is less than a mile from the intersection of FM 1774 and Nichols Sawmill Rd and minutes from both FM 1488 and SH 249 Tollway. This custom office space offers 10 foot ceilings, 8-foot glass & iron entry door, Cat 6 wiring, surveillance cameras, granite countertops, handicap accessible bathrooms, 16-SEER HVAC, custom lighting, wood-look tile flooring, landscaping and 10 parking spaces. This well-designed office park is a rare opportunity in Magnolia with current units occupied by a local developer, engineering firm and doctors office coming soon. Ideal build-out completed for a professional medical office space, ready to accommodate an optometrist, psychologist, counselor, therapist, audiologist, cardiologist, physical therapist, chiropractor or other medical specialist. If additional space is needed, Unit A can be purchased for a total of 3,024 sf. (Additional units offered for sale.)
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
8 Units Available
Unit 10-A
Unit Size | 1,512 SF | Unit Use | Office/Medical |
Price | £353,063 | Sale Type | Investment or Owner User |
Price Per SF | £233.51 |
Unit Size | 1,512 SF |
Price | £353,063 |
Price Per SF | £233.51 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 12-A
Unit Size | 1,512 SF | Sale Type | Investment or Owner User |
Price | £328,379 | Net Initial Yield | 9.80% |
Price Per SF | £217.18 | NOI | £32,181.15 |
Unit Use | Office/Medical |
Unit Size | 1,512 SF |
Price | £328,379 |
Price Per SF | £217.18 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Net Initial Yield | 9.80% |
NOI | £32,181.15 |
Unit 7-A
Unit Size | 1,512 SF | Unit Use | Office/Medical |
Price | £352,899 | Sale Type | Investment or Owner User |
Price Per SF | £233.40 |
Unit Size | 1,512 SF |
Price | £352,899 |
Price Per SF | £233.40 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 10-B
Unit Size | 1,512 SF | Unit Use | Office/Medical |
Price | £348,957 | Sale Type | Investment or Owner User |
Price Per SF | £230.79 |
Unit Size | 1,512 SF |
Price | £348,957 |
Price Per SF | £230.79 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 12-B
Unit Size | 1,512 SF | Sale Type | Investment or Owner User |
Price | £332,534 | Net Initial Yield | 9.80% |
Price Per SF | £219.93 | NOI | £32,588.34 |
Unit Use | Office/Medical |
Unit Size | 1,512 SF |
Price | £332,534 |
Price Per SF | £219.93 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Net Initial Yield | 9.80% |
NOI | £32,588.34 |
Unit 7-B
Unit Size | 1,512 SF | Sale Type | Investment or Owner User |
Price | £348,793 | No. Parking Spaces | 10 |
Price Per SF | £230.68 | APN/Parcel ID | 7096-00-00701 |
Unit Use | Office/Medical |
Unit Size | 1,512 SF |
Price | £348,793 |
Price Per SF | £230.68 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
No. Parking Spaces | 10 |
APN/Parcel ID | 7096-00-00701 |
Description
Custom new office condo for sale in Magnolia, Texas! Conveniently located in the Magnolia Office Park, off Nichols Sawmill Road, this unit offers offer just over 1500 SF of upper end office space with easy accessibility. This highly traveled area is less than a mile from the intersection of FM 1774 and Nichols Sawmill Rd and minutes from both FM 1488 and SH 249 Tollway. This custom office space offers 10 foot ceilings, 8-foot glass & iron entry door, Cat 6 wiring, surveillance cameras, granite countertops, handicap accessible bathrooms, 16-SEER HVAC, custom lighting, wood-look tile flooring, landscaping and 10 parking spaces. This well-designed office park is a rare opportunity in Magnolia with current units occupied by a local developer, engineering firm and doctors office coming soon. Ideal build-out completed for a professional medical office space, ready to accommodate an optometrist, psychologist, counselor, therapist, audiologist, cardiologist, physical therapist, chiropractor or other medical specialist. If additional space is needed, Unit B can be purchased for a total of 3,024 sf. (Additional units offered for sale.)
Unit 5
Unit Size | 3,024 SF | Unit Use | Office/Medical |
Price | £332,485 | Sale Type | Investment or Owner User |
Price Per SF | £109.95 |
Unit Size | 3,024 SF |
Price | £332,485 |
Price Per SF | £109.95 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 5B
Unit Size | 3,024 SF | Unit Use | Office/Medical |
Price | £332,485 | Sale Type | Investment or Owner User |
Price Per SF | £109.95 |
Unit Size | 3,024 SF |
Price | £332,485 |
Price Per SF | £109.95 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
Amenities
- 24 Hour Access
- Security System
- Kitchen
- Accent Lighting
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
zoning
Zoning Code | Commercial |
Commercial |
Presented by
31300-31368 Nichols Sawmill Rd
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