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19441447
19441446

2212 Katy Flewellen Rd, Katy, TX 77494

PK
TX 489491, TX
Texas Land & Commercial Properties
Listed by Texas Land & Commercial Properties
$5,734,080
677 days on market
Updated 34 days ago

The Reserve at Woodcreek

Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 14,942
Cap Rate 6.25%
NOI $358,380
Occupancy 100%
Year Built 2016
Acreage 1.230

Retail | 6.25% CAP | 14,942 SF

Marketing description

Texas land and commercial properties is pleased to present the opportunity to purchase a 14,942sq.Ft. Retail center on 1.23 acres in katy. Well located at the nwq of the entrances to woodcreek reserve, and grayson lakes communities. The shopping center is 100% leased with a daycare serving as the long term anchor tenant.

Investment highlights

  • Assumable non-recourse debt at 4.25%
  • 100% leased with long term daycare as anchor tenant
  • Premier Location NWQ Katy Flewellen/Woodcreek Bend
  • Adjacent to Woodcreek Jr. High School
  • Adjacent to Entrances of Woodcreek Reserve & Grayson Lakes Communities
  • Close Proximity to numerous master planned communities including Woodcreek Reserve, Grayson Lakes, Grayson Woods, Cinco Ranch, Avalon at Spring Green, and others

Listing Contacts

PK
TX 489491, TX
Texas Land & Commercial Properties
Listed by Texas Land & Commercial Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$358,380.00
$29,865.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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