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110 Magellan Cir
Webster, TX 77598

Price Upon Request

Flex For Sale  •  27,522 SF

Property Details

  • Property Type Flex
  • Total Building Size 24,570 SF
  • Lot Size 1.09 AC
  • Building Class C
  • Year Built 2016
0 Transit Score
50 Walk Score

Highlights

Double Net lease structure provides investors with limited responsibilities
Current lease term extends through October 31, 2031, with one five-year renewal option remaining
Built-in 3.5% annual rental increases provide consistent income growth and a hedge against inflation
Strong in-place NOI of approximately $545,545 offers immediate passive cash flow to investors

Public Transportation

AirportDriveWalkDistance
William P Hobby 26 min - 14.0 mi
Justin Miller 713-452-4200 Marcus & Millichap
Justin Miller 713-452-4200 Marcus & Millichap