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0 GRAND PKWY Katy TX 77449

APN 043-089-000-0046

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 10,008
Lot SqFt 611,451
Acreage ******
Zoning Code NZ
Year Built 2023
Opportunity Zone No
Lease Rate ******
Tax Year ******
Owner Name PARCEL NO 6C
Owner Mailing Address (Full Address) ******
APN 043-089-000-0046
USPS Vacancy Indicator N
Latitude 29.821586
Longitude -95.768457

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Asking Details
Asking Price
$5,055,000
Asking Cap Rate
7%
Asking NOI
$353,613
Price/Sq Ft
$505.25
Investment Highlights

New 2023 Construction - 10,005 Square Foot Shopping Center with Drive-Thru on End-Cap

Ease of Management - 100% Occupied with NNN Leases

Long-Term Leases - 10-Year and 5-Year Lease with Weighted Average Lease Term of 6.8 Years

High Traffic Location - Well Positioned on Grand Parkway North (Highway 99) with Excellent Visibility to 93,852 Average Vehicles Per Day

National Tenants - Both Tenants are Service-Based and Interne Resistant Retailers with Hundreds of Locations Nationally

Strong Demographics - Located in Fast-Growing and Affluent Katy Submarket with Population over 293,000 and Average Household Income over $113,000 within a 5-Mile Radius

Located in Growing Retail Trade Area - Nearby Major Attractions Include Walmart Supercenter, H-E-B, Kroger, HomeGoods, McDonald’s, Starbucks, Chickfil-A, Petco, and Many Other National Retailers

Surrounded by New Housing Developments - Brea Luxury Apartments (371 Units), Ascend at Ventana Lakes (303 Units), Linz Luxury Living Apartments (305 Units), and Morton Creek Ranch by Long Lake Single Family Home Development

Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

Introducing Peek Plaza, a newly constructed, fully leased retail strip center in the heart of Katy, TX, one of Houston’s most dynamic suburban markets. Anchored by X Golf, a leading indoor golf and entertainment concept, this 2023-built property features three drive-thrus, strong national and regional tenants, and modern design along Highway 99 (Grand Parkway). With high visibility, affluent demographics, and proximity to major retailers like Walmart, H-E-B, and Kroger, Peek Plaza is positioned for long-term stability and growth in a rapidly expanding trade corridor.

Investment Highlights

Modern Construction with Prime Frontage

Anchored by X Golf – A Unique Destination Tenant

Complementary Tenant Mix Driving Repeat Visits

Passive Investment with Long-Term Stability

Surrounded by Major Employers & Retail Anchors

Positioned in Katy’s Growth Corridor

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
DL
Dave Lucas PRO
LIC: 01389761 (+1)
•••.•••.5178
dave@•••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
MN
Matt Nega PRO
LIC: 02176879
•••.•••.4299
matt@•••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SR
Scott Reid PRO
LIC: CA - 02101543 (+43)
•••.•••.6578
••••ings@•••••••••••.com
Brokerage logo

Map

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