Magnolia, TX - The Egyptian Shopping Center

Description:

SRS Real Estate Partners is pleased to present the opportunity to acquire The Egyptian
Shopping Center, a modern, strategically positioned neighborhood retail center fronting
along FM 1488, one of the area’s primary commercial corridors connecting Magnolia, The
Woodlands, and the greater Houston MSA. Built in 2018, the Property offers prominent
frontage, pylon signage, strong access, and exposure to more than 53,000 cars per day.

The Center is supported by exceptional demographics and sustained residential growth.
Within three miles, average household income is approximately $201,000, average
home value is approximately $585,000, and population has increased more than 148%
since 2010. Residential growth continues with the new 353-unit Fidelis Magnolia 1488
multifamily development immediately adjacent to the Property, adding hundreds of
new households within walking distance of the Center.

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Listing ID: a28TP000003Ku7ZYAS