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24144497
24144498

1602 Avenue D, Katy, TX 77493 For Sale

CK
TX TX 325140
Colliers - Houston, Texas
Listed by Colliers - Houston, Texas
$4,990,000
396 days on market
Updated 34 days ago

Old Town Katy Square

Details
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center, Storefront
Square Footage 16,069
Cap Rate 6.95%
NOI $346,937
Tenancy Multi
Year Built 2016
Buildings 1
Stories 1
Acreage 3.960

Mixed Use | 6.95% CAP | 16,069 SqFt

Marketing description

Investment Opportunity

Property Highlights

Net Rentable Area: ±16,069 SF Retail/Professional Center
Land Size: ±3.96 Acres
Parking Ratio: 3.85/1,000 SF leased
Current Zoning: Commercial land use/Retail
Current Improvements: Tilt wall structure with brick veneer finish, tall parapits and generous soffits with concrete paved parking and service acres, extensive landscaping
Tax Rate (2024): $2.171028
Environmental: Clean, new in 2017

Listing Contacts

CK
TX TX 325140
Colliers - Houston, Texas
Listed by Colliers - Houston, Texas

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$346,937.00
$28,911.42/mo

Valuation Metrics

0
DSCR
6.95%
Cap Rate
6.95%
ROI

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Property History

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Additional Information

Name
Chris Klein
License
TX 325140
Brokerage
Colliers
Title
Principal
Brokerage Address
1233 West Loop South
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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