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14591986
14591985

20621 Westheimer Pkwy, Katy, TX 77450

RL
TX TX 769387
GARY GREENE COMMERCIAL PROPERTIES
Listed by GARY GREENE COMMERCIAL PROPERTIES
Unpriced
895 days on market
Updated 60 days ago

20621 Westheimer Parkway

Details
Property Type Mixed Use, Office (+1)
Sub Type Creative Office, Storefront
Square Footage 4,584
NOI $120,000
Occupancy 100%
Tenancy Single
Lease Term 5
Remaining Term 5
Broker Co-Op Yes
Class A
Year Built 2020
Buildings 1
Stories 2
Lot Size (SqFt) 22,730
Parking Spaces 19 spaces
Parking Per SqFt 4.14
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

Prime Retail / Flex Stand Alone Building in Cinco Ranch with Sale Leaseback Option

Marketing description

This remarkable commercial property, constructed in 2020 and currently home to a successful dance studio, presents a flexible and enticing investment opportunity in Cinco Ranch, Katy, TX. Located at the bustling intersection of Westheimer and S Fry Rd, this property stands out for its adaptability and high-end features, making it an attractive investment.

**Adaptable Usage**

This property offers a wealth of possibilities. With its flexible layout, it can easily be repurposed for retail, flex space, or office use. The building's contemporary design and high-end finishes create an ideal setting for a showroom, taking full advantage of its large windows to showcase products or services.

**State-of-the-Art Building**

The property is in impeccable condition, boasting high-end finishes throughout. Its sleek and modern design creates an inviting and upscale environment suitable for various businesses, guaranteeing a premium experience for tenants and clients.

**Elevator Access**

Notably, this property is equipped with an elevator, ensuring accessibility and convenience for all. This feature enhances the building's appeal and versatility for a wide range of business needs.

**Stable Income Stream and Immediate Returns**

The current tenant, a seasoned dance studio owner with a successful 15-year history, is committed to remaining on-site for an additional five years. This lease agreement provides a dependable and immediate income stream, making this property a secure investment choice. The property offers a competitive Capitalization Rate, reflecting the stability and income potential of the current lease.

**Prime Location**

Positioned just across the street from McMeans Junior High School, this property benefits from a prime location. Its proximity to the school ensures a consistent flow of potential clients and customers, making it an attractive destination for businesses of various kinds.

Don't miss the opportunity to invest in this versatile commercial property with premium features, offering adaptability, a reputable tenant, immediate returns, and a sought-after location. Contact us today to schedule a viewing and secure your place in the thriving Katy, TX community.

Investment highlights

  • Busy Corner of Westheimer and Clay Rd

  • Located in the master-planned Cinco Ranch community, Katy, TX

  • Beautiful newer building, built in 2020

  • Large open ballroom with 24ft ceilings and 2nd level with open room.

  • Tenant will sign a 5-year lease extension

Listing Contacts

RL
TX TX 769387
GARY GREENE COMMERCIAL PROPERTIES
Listed by GARY GREENE COMMERCIAL PROPERTIES

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$120,000.00
$10,000.00/mo

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Additional Information

Name
Richard Lin
License
TX 769387
Brokerage Phone
8323043008
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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