Colliers facilitates purchase of Clear Water Express Car Wash property in Magnolia

HOUSTON - Rezul -- Colliers is pleased to announce the successful purchase of ClearWater Car Wash at 7424 FM1488 in Magnolia, Texas. The seller, Magnolia Circle, L.P., was represented by Marc Peeler of NewQuest Properties. The buyer was represented by Todd Moore and Connor Duffy of Colliers.

ClearWater Express Car Wash delivers an affordable, fast and quality service with industry-leading equipment. Their team is dedicated to excellence with an unparalleled car wash experience. The property is located off of FM 1488 within the Shoppes of Magnolia Circle. It is shadow anchored by H-E-B.

Magnolia's retail sector is located within the Montgomery County submarket, which currently boasts an inventory of 36.3 million square feet. The submarket is 95.9% occupied with 481,000 square feet of new product under construction. The area's current average asking rate is $20.42 per square foot.

More on Rezul News

• NEMTAC Announces New Board of Directors Officers for 2024-2025
• Dehy Mills Welcomes Two New Board Members to Support Future Growth
• The Mogharebi Group Arranges Record $56 Million Sale of Bakersfield Multifamily Community
• Unique 4-Unit Multifamily Property Sold in Encinitas by Apartment Realty Group
• Prometheus Electric Launches Updated Homepage to Showcase the Full Range of Its Offerings

See the full article here: https://www.colliers.com/en/news/houston/clear-...

Learn more about Colliers here: https://www.colliers.com/en/united-states/cities/houston