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- LoopNet Team
16855 I-45
Houston, TX 77090
KATZ BOUTIQUE I-45 AT FM 1960 · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
ABOUT 16855 I-45 , HOUSTON, TX 77090
FOR SALE: 5800 SF Retail Center, 100% Leased to Katz Boutique, an iconic lingerie retailer, established in 2003 with 9 locations in Houston. Lease Expiration is 8/15/22. Two 5 Year Options to Renew. Net annual rent is $87,984. Offered at a 7.75 CAP rate. Please call Broker for Information and Tour. This is an operating business, please do not approach the employees. Part of a Portfolio Offering. May be purchased separately. Total of 3 properties in North Houston offered. Please call Broker for Information. Built in 2002, and renovated in 2006, this building offers an excellent investor opportunity with below market rents for added value. PRIME LOCATION! Property offers 150’ of Frontage on I-45 N. Excellent visibility. Great location just south of FM 1960 on southbound I-45 feeder, prior to the entrance ramp. 258,000 vehicles per day on I-45. 55,030 vehicles per day on FM 1960. Great access to the Exxon Campus, The Woodlands, Spring, the Grand Parkway, Hardy Toll Rd. and Bush Intercontinental Airport. The property has a pylon sign, and a gated entrance.
PROPERTY TAXES
| Parcel Number | 1230880010001 | Improvements Assessment | $461,495 |
| Land Assessment | $224,990 | Total Assessment | $686,485 |
PROPERTY TAXES
