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23659 Katy Fwy
Katy, TX 77494
Grand Crossing · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8,500 SF retail shopping center located at the southwest corner of I-10 and SH 99, anchored by a 151,600 SF Costco.
- Nearby amenities include a major retail, restaurant, entertainment, and medical hub, all within half a mile:
- Six-level Metro parking garage
- Dual freeway visibility, with a combined 246,038 VPD counts on I-10 and SH 99.
- Memorial Hermann Katy Hospital: A 300+ bed facility offering over 38 specialties
- Katy Mills Mall: Over 1.3 million SF of retail space and 175 high-fashion stores
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
8,500 SF
Building Class
B
Year Built
2018
Price
$5,587,984
Price Per SF
$657.41
Cap Rate
6.20%
NOI
$346,455
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.00 AC
Frontage
100’ on I -10
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 1346160030003 | Improvements Assessment | $1,580,001 |
| Land Assessment | $1,460,550 | Total Assessment | $3,040,551 |
PROPERTY TAXES
Parcel Number
1346160030003
Land Assessment
$1,460,550
Improvements Assessment
$1,580,001
Total Assessment
$3,040,551
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