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Nottingham Country Building 20501 Katy Fwy 42,056 SF 91% Leased Office Building Katy, TX 77450 For Sale 8.69% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 42,056 SF multi-tenant office building with an 82% occupancy rate, providing a strong in-place income stream with room for upside.
  • In-place income offering investors an immediate return with the opportunity to enhance cash flow through lease-up.
  • ±1.62 acre corner on Katy Freeway with excellent frontage and accessibility along Interstate 10 Wesy (Katy Freeway). IDEAL COVERED LAND PLAY
  • Diverse tenant mix, including professional service firms and medical offices.
  • Gross rent structures create potential for rent increases and lease restructuring to further improve returns.
  • Ideal Covered Land Play potential with close proximity to the Energy Corridor, Memorial and Katy submarkets.

EXECUTIVE SUMMARY

Moody Rambin is pleased to present the opportunity to acquire Nottingham Country Building, a 42,056 SF multi-tenant office building located along Katy Freeway (I-10) in Katy, TX. Currently 82% occupied with gross lease structures, the property offers investors in-place income with immediate returns, along with the potential to enhance cash flow through lease-up and strategic lease restructuring.
IDEAL COVERED LAND PLAY
Nottingham Country Building is positioned in the heart of West Houston, benefiting from exceptional visibility and accessibility along I-10, one of the city’s primary commercial corridors. The property is surrounded by a strong mix of national and local businesses, retail amenities, and established residential communities. Its diverse tenant mix, including professional service firms and medical office users, appeals to a broad range of businesses seeking well-located, high-quality office space.
With a solid base of existing cash flow, investors have the opportunity to unlock additional upside by leasing the remaining vacancy, optimizing rental rates, and restructuring leases. Nottingham Country Building presents a compelling investment opportunity in one of Houston’s fastest-growing and most sought-after submarkets.
Call us today for pricing details and more information at (713) 773-5598—don’t miss this prime investment opportunity!

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
42,056 SF
Building Class
B
Year Built
1980
Cap Rate
8.69%
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,028 SF
Slab To Slab
15’
Building FAR
0.60
Lot Size
1.62 AC
Zoning
None
Parking
143 Spaces (3.4 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Controlled Access
  • Property Manager on Site

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 203
  • 812 SF
  • Office
  • Full Build-Out
  • Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

  • 2nd Fl-Ste 212
  • 782 SF
  • Office
  • Full Build-Out
  • Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

  • 2nd Fl-Ste 216
  • 756 SF
  • Office
  • Full Build-Out
  • Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

  • 2nd Fl-Ste 219
  • 586 SF
  • Office
  • Full Build-Out
  • Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

  • 2nd Fl-Ste 242
  • 1,000 SF
  • Office
  • Full Build-Out
  • Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

Space Size Space Use Condition Available
2nd Fl-Ste 203 812 SF Office Full Build-Out Now
2nd Fl-Ste 212 782 SF Office Full Build-Out Now
2nd Fl-Ste 216 756 SF Office Full Build-Out Now
2nd Fl-Ste 219 586 SF Office Full Build-Out Now
2nd Fl-Ste 242 1,000 SF Office Full Build-Out Now

2nd Fl-Ste 203

Size
812 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 212

Size
782 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 216

Size
756 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 219

Size
586 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 242

Size
1,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 203

Size 812 SF
Space Use Office
Condition Full Build-Out
Available Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

2nd Fl-Ste 212

Size 782 SF
Space Use Office
Condition Full Build-Out
Available Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

2nd Fl-Ste 216

Size 756 SF
Space Use Office
Condition Full Build-Out
Available Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

2nd Fl-Ste 219

Size 586 SF
Space Use Office
Condition Full Build-Out
Available Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

2nd Fl-Ste 242

Size 1,000 SF
Space Use Office
Condition Full Build-Out
Available Now

This prime property offers unparalleled visibility and access in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1102850000016
Land Assessment
$1,321,988
Improvements Assessment
$801,765
Total Assessment
$2,123,753
  • Listing ID: 35396928

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 20501 Katy Fwy, Katy, TX 77450

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