Magnolia Area Mixed Use Facilities For Sale and/or Lease
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1 Magnolia Area Mixed Use Facilities For Sale and/or Lease Former Corporate Campus Three Buildings including Two Office Buildings & Flex Space totaling 47,000 +/- Square Feet on 10 +/- Acres Property Video DOBBIN HUFFSMITH ROAD MAGNOLIA, TEXAS For Information or to schedule a property tour Contact: Ann Marie Gallagher, CPM Tisona Real Estate Services, LLC annmarie@tisona-cre.com
2 Executive Summary Property is For Sale and/or Lease Asking Price: $7,500,000 Lease Rate (NNN) Office Building $17.00 PSF Lab/Warehouse $14.50 PSF Property consists of Three (3) separate Buildings totaling 47,000 SF Main Office Building 28,449 SF Small Office Building 6,042 SF Grade Level Warehouse 12,670 SF Optional 5 acres adjacent to Property Property Video
3 Property & Area Information Property has a combined total of approximately 47,161 square feet. There are three buildings including Two (2) Freestanding Office Buildings and (1) Office/Warehouse Lab with Overhead Doors This Campus was originally developed as a Corporate Campus for an engineering firm, Great redevelopment site, could easily be converted to multi-tenant. Many Potential Uses including but not limited to: Corporate and/or Education Campus, Corporate Retreat, Technical Training School, Light Manufacturing, Medical Office Building, Surgery Center, Fitness and recreational center or Church Campus. Private wooded location on acreage with adjacent 5 +/- acres available for purchase. Class A interior finishes with custom millwork, elevator and lush landscaping. EASILY ACCESSIBLE, YET VERY PRIVATE Close proximity to SH 249 (which is currently under a tri-county expansion), Beltway 8, Grand Parkway and FM Property is approximately 6 miles from Woodlands Parkway and 2.4 miles to State Hwy 249. Property CENTRALLY LOCATED IN MONTGOMERY COUNTY, Texas, just 30 Miles NW of Houston CBD. Situated between The Woodlands, Magnolia and Tomball. Located in close proximity to The Woodlands, nearby, is a 28,000-acre master-planned community with an estimated population of 114,625 and an employment base of 70,600 persons according to 2016 Census Estimate. Property located in the PATH OF GROWTH, New expanded connecting roadways, Commercial Developments, Many new Residential Communities and High End Retail Development surround the property. Located Centrally in Commercial Growth Market. Major Area Employers include; Anadarko Petroleum, Exxon Mobil Corporation, CHI St. Lukes The Woodlands Hospital, Memorial Herman, The Woodlands Hospital, CB&I, AonHewitt, Nexeo Solutions, McKesson, Waste Connection and Repsol USA. Near Barker Hughes new national training facility and many other oil and gas related service companies.
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7 Site Plan
8 Main Office Building 28,449 +/- SF Floorplans Two Story Building Spacious open foyer with large reception and custom water wall Class A Finishes: Granite, Slate, Custom Millwork, Crown Molding Elevator & luxurious stairwell off main lobby Large Boardroom with smaller conference rooms Ample Storage with expansion space HVAC System, well maintained Building Type Conversion is possible (ie, treatment housing) Full Kitchen and Dining Area, perfect for corporate events and employee gatherings Interior private offices have lovely view of landscaped courtyard Fileroom and ample storage Private Gated entrance opens to stone bridge over fountain water featured pond Plenty of parking including 63 Surface spaces and 9 Covered spaces
9 Office Building 6,042 SF Freestanding Building adjacent to Main Office Building Features spacious lobby, private offices, breakroom, storage, restroom and large open areas that could be used as bullpen Previously used as Recording Studio
10 Flex Space/Lab Grade Level Warehouse & Lab Building 20 Clear Height, 6-19 & 2-15 roll up doors 3-Phase Power Fully Air Conditioned Warehouse Includes restroom & shower Hydraulic in ground automotive lift Immaculate Facility, with finished floors Could be converted to accommodate varies usage types
11 Demographic Information Source: Houston-Galveston Area Council
12 Demographic Information Source: Houston-Galveston Area Council
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14 Property Video For additional information contact Ann Marie Gallagher, CPM The information contained herein, we believe, has been obtained from sources deemed to be reliable and we have no reason to doubt its accuracy or validity; however, no warranty or guaranty, expressed or implied, is made with respect to the accuracy thereof. All such information submitted is subject to errors, omissions or changes in conditions, prior to sale, lease or withdrawal without notice. All information contained herein should be verified to the satisfaction of the persons relying thereon.
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