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2910 N Mason Rd
20,000 SF 94% Leased Industrial Building Katy, TX 77449 $5,056,848 CAD ($253 CAD/SF) 6.95% Cap Rate
Investment Highlights
- New development
- located in a vibrant area of Katy
- Right off major intersection of Mason and Morton Rd.
- 100% occupied,
- High CAP
Executive Summary
notably in the rapidly growing Grand Parkway West area, has witnessed substantial residential real estate development. The
influx of professional residents seeking space for their small businesses has created high demand for industrial/flex office
warehouse spaces. The property is a solid investment prospect due to its strategic
location, full occupancy, desirable tenant mix, and the strong
demand stemming from the thriving local market conditions.
Property Facts
| Price | $5,056,848 CAD | Lot Size | 1.25 AC |
| Price Per SF | $253 CAD | Rentable Building Area | 20,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.95% | Year Built | 2023 |
| Property Type | Industrial | Parking Ratio | 3.3/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18 ft |
| Building Class | C |
| Price | $5,056,848 CAD |
| Price Per SF | $253 CAD |
| Sale Type | Investment |
| Cap Rate | 6.95% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.25 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 3.3/1,000 SF |
| Clear Ceiling Height | 18 ft |
Utilities
- Lighting
- Water - City
- Sewer - City
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
For more info call ADEL HAZIM 713-922-2919 adelrealtor@gmail.com Great office warehouse space for lease in very desirable area of North Katy,asking $1690/month gross lease no NNN, relatively new construction "2023", high ceiling, right off very busy intersection of Mason and Morton Road; This space include restroom, air conditioned office, over head door. the unit makes a good option for a small business office and warehouse to house equipment materials, machine etc. Easy access to I-10 and Grand Parkway.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,200 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
For more info call ADEL HAZIM 713-922-2919 adelrealtor@gmail.com Great office warehouse space for lease in very desirable area of North Katy,asking $1690/month gross lease no NNN, relatively new construction "2023", high ceiling, right off very busy intersection of Mason and Morton Road; This space include restroom, air conditioned office, over head door. the unit makes a good option for a small business office and warehouse to house equipment materials, machine etc. Easy access to I-10 and Grand Parkway.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,513,231 CAD | |
| Land Assessment | $1,207,521 CAD | Total Assessment | $8,720,751 CAD |
PROPERTY TAXES
-
Adel Hazim -
RE/MAX Grand
Presented by
2910 N Mason Rd
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