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The Reserve at Woodcreek, Katy 2212 Katy Flewellen Rd 14,942 SF 100% Leased Retail Building Katy, TX 77494 $5,351,800 ($358.17/SF) 7.50% 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
Building Size
14,942 SF
Building Class
B
Year Built
2016
Price
$5,351,800
Price Per SF
$358.17
Cap Rate
7.50%
NOI
$401,385
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.24 AC
Zoning
SQY
Parking
50 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
223’ on Katy Flewellen
Amenities
- Security System
- Signalized Intersection
- Air Conditioning
- Fiber Optic Internet
Nearby Major Retailers
Property Taxes
| Parcel Number | 0157-01-005-0000-914 | Improvements Assessment | $0 |
| Land Assessment | $1,138 | Total Assessment | $1,138 |
Property Taxes
Parcel Number
0157-01-005-0000-914
Land Assessment
$1,138
Improvements Assessment
$0
Total Assessment
$1,138
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The Reserve at Woodcreek, Katy | 2212 Katy Flewellen Rd
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