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The Reserve at Woodcreek, Katy 2212 Katy Flewellen Rd

14,942 SF 100% Leased Retail Building Katy, TX 77494 $8,054,548 CAD ($539 CAD/SF) 6.25% Cap Rate

Investment Highlights

  • High Profile Katy Retail Center
  • Located at entrances to Woodcreek Reserve, and Grayson Lakes Communities
  • 100% Leased

Executive Summary

Premier location NWQ Katy Flewellen/Woodcreek Bend at the entrances to Woodcreek Reserve, and Grayson Lakes Communities; and adjacent to Woodcreek Jr. High School. Long term daycare serves as anchor tenant. 100% leased with assumable debt available.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
14,942 SF
Building Class
B
Year Built
2016
Price
$8,054,548 CAD
Price Per SF
$539 CAD
Cap Rate
6.25%
NOI
$503,409 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Land Acres
1.24 AC
Parking
50 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
223 ft on Katy Flewellen

Amenities

  • Security System
  • Signalized Intersection
  • Air Conditioning
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0157-01-005-0000-914
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$32,024 CAD
  • Listing ID: 31965783

  • Date on Market: 2024-05-30

  • Last Updated:

  • Address: 2212 Katy Flewellen Rd, Katy, TX 77494

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