24044 Cinco Village Ctr Blvd
Katy, TX 77494
Office Property For Sale

Marcus & Millichap is pleased to offer Cinco Ranch Plaza II in acclaimed Katy, Texas for your consideration. Consisting of 21,350 square feet of improvements on a 2.204 Acres corner parcel, the Property is 100 percent occupied by an appealing mix of service related tenants. All of the tenants are on NNN leases with staggered lease expirations. Constructed in 2008, Cinco Ranch Plaza II is located in the heart of the Cinco Ranch master planned community just to the west of Grand Parkway and one block from the highly acclaimed LaCenterra mixed use development. LaCenterra at Cinco Ranch is the Katy area’s premier mixed-use destination. Celebrating a decade of business this March 2017, LaCenterra currently boasts more than 75 shopping, dining, health and beauty storefronts, and a half-acre multipurpose public park, Central Green, developed and managed by its partner, Willow Fork Drainage District. Additionally, over 25 business services have offices in LaCenterra along with the new The Grand at LaCenterra, a 217-unit upscale rental community and in the Spring of 2018 the project will be anchored by Alamo Drafthouse Cinema. On the western edge of metropolitan Houston in Katy, Texas, Cinco Ranch Plaza II is located just off the Grand Parkway just three miles south of Interstate-10. The property is nestled in the heart of Cinco Ranch, one of the nation’s top-selling master planned communities for the last ten years. Across Cinco Ranch Boulevard from the Property are the main entrances to Cinco Ranch Junior High School and Cinco Ranch High School. Current enrollment in the schools exceeds 4,200 students, and Cinco Ranch Plaza II is ideally located to conveniently serve them, their parents, and the staff at the schools. Highlighting the appeal of the area for residents are the strong demographics immediately surrounding Cinco Ranch Plaza II, as average household income within a one mile radius of the Property exceeds $152,000. Offered for $8,100,000, Cinco Ranch Plaza II provides an investor the opportunity to acquire a recently constructed, stabilized property in one of the Country's most desirable areas.