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1450 W Grand Pky S
Katy, TX 77494
Grand Parkway Crossing Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
27,369 SF
Building Class
B
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.60 AC
Zoning
Y
Parking
212 Spaces (7.82 Spaces per 1,000 SF Leased)
Frontage
342’ on W Grand Pky

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

About 1450 W GRAND PKY S , KATY, TX 77494

Market Destination Kroger Shadow Anchored Shopping Center with 100% Leased to a Synergistic Tenant Mix Over 57% of the Tenant' s (15,814 SF of the GLA) Have Occupied the Center for 10 or More Years Providing a New Investor with a Great Sense of Stability High NOI Growth Asset Net Operating Income is Projected to Grow More than $124,000 (22%) Over a 10 Year Hold Period Exceptional Location Along Highly Trafficked Corridor with Immediate Frontage Along Grand Parkway Highway 99 (+66,200 CPD) Katy Premier Retail Hub The Center is Conveniently Located Right in the Center of the Premier Retail Shopping Districts of Katy Highly Visible, Katy Retail Center The Property Presents a Great Opportunity to Purchase a Highway Frontage, Highly Visible, Turnkey Shopping Center Within One of the Most Desirable Houston Markets Katy is nestled on the beautiful luscious green grass side of South Central Texas. Centrally located on the west side of metropolitan Houston, the cities economy thrives from several fortune 500 company headquarters specifically within the energy sector. Several corporations are headquartered in areas surrounding Katy: Igloo Corporation is headquartered west of Katy in unincorporated Waller County. Academy Sports and Outdoors has its corporate offices and product distribution center in unincorporated western Harris County. BP America is headquartered in the Houston Energy Corridor and is the area's largest employer, with 5,500 employees on its Westlake campus.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2952-02-000-0017-914
  • 2952-02-000-0010-914
Land Assessment
$3,135,623
Improvements Assessment
$2,720,862
Total Assessment
$5,856,485
  • Listing ID: 6776939

  • Date on Market: 4/14/2017

  • Last Updated:

  • Address: 1450 W Grand Pky S, Katy, TX 77494

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