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24902 Franz Rd 11,960 SF 100% Leased Retail Building Katy, TX 77493 For Sale
INVESTMENT HIGHLIGHTS
- Fully operational 10-AC Event Center in Katy, TX. 2 minutes north of I-10 on Franz Rd by Katy Ft Bend Rd.
- Two elevators, two furnished ready rooms, six restrooms (2 on each floor), catering kitchen.
- 2-story building with elevator access to the 3rd level roof-top terrace on 10 acres, which can be subdivided for pad sites/retail on Franz Rd by CVS
EXECUTIVE SUMMARY
Property is located in Katy, TX, 2 minutes north of I-10 on Franz Rd by Katy Ft. Bend Rd. Includes a 2-story furnished event center with a rooftop terrace on 10 acres. Building has two elevators (passenger and service), 2 stairwells, a 2nd floor reception hall, a roof-top terrace, 6 restrooms (2 on each floor), two ready rooms and a catering kitchen. About 4 acres of land with 500' of frontage on Franz Rd, adjacent to and sharing a driveway with CVS, is included for future sale or development. Contact Broker regarding subdividing, pad sites or leasing retail space on Franz Rd by CVS.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
11,960 SF
Year Built
2019
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.03
Lot Size
10.00 AC
Frontage
500’ on Franz Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1383520010001 | Improvements Assessment | $2,799,014 |
| Land Assessment | $1,748,723 | Total Assessment | $4,547,737 |
PROPERTY TAXES
Parcel Number
1383520010001
Land Assessment
$1,748,723
Improvements Assessment
$2,799,014
Total Assessment
$4,547,737
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Presented by
Transaction Real Estate, LLC
24902 Franz Rd
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