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29226085
29226086

814 East Ave, Katy, TX 77493 For Sale

Commercial Realty Company
Listed by Commercial Realty Company
Unpriced
185 days on market
Updated 31 days ago

814 East Ave.

Details
Property Type Office, Retail
Sub Type Medical Office, Shopping Center (+1)
Square Footage 12,288
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class B
Year Built 2006
Year Renovated 2024
Buildings 1
Stories 1
Acreage 1.260
Parking Spaces 43 spaces
Parking per 1,000 SqFt 3.50
Investment Type Value Add
Tenant Credit Credit Rated
Ground Lease No

Office | 12,288 SqFt

Marketing description

814 East Ave. is a well-maintained office building located in the heart of Old Katy, a proven and established submarket. The property has been historically 100% leased with a strong, complementary tenant mix and consistent occupancy driven by local demand. The largest tenant is currently paying significantly below-market rent, providing meaningful rent upside at rollover or renewal. In addition, there is the ability to capture remaining common area factor, offering further upside to increase effective rents and NOI without additional capital investment. The building has been well cared for, presents nicely, and offers investors a rare combination of stable in-place income with multiple, identifiable paths to value enhancement.

Investment highlights

Prime Old Katy Location. Affluent Trade Area. Value-Add Upside. Well-Maintained Building. SELLER FINANCE AVAILABLE

Listing Contacts

Commercial Realty Company
Listed by Commercial Realty Company

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