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25242 FM 1093
Katy, TX 77494
Mavis Tires & Brakes · Retail Property For Sale
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Outparcel to Lowe’s | Surrounded by Strong Anchor Tenants
- Outstanding Demographics | Extremely Affluent Community | Strong Growth Trends
- Income Tax-Free State
Executive Summary
Surmount is pleased to present the exclusive listing for a Mavis Tires & Brakes located at 25242 Farm to Market Road 1093, Katy, TX 77494. The site consists of roughly 6,952 rentable square feet of building space on an estimated 1-acre parcel of land. Mavis Tires & Brakes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $170,000 and has scheduled increases of 5.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
6,952 SF
Building Class
C
Year Built
2025
Price
$3,148,148
Price Per SF
$452.84
Cap Rate
5.40%
NOI
$170,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Property Taxes
| Parcel Number | 2759-00-001-0070-914 | Improvements Assessment | $0 |
| Land Assessment | $1,818,125 | Total Assessment | $1,818,125 |
Property Taxes
Parcel Number
2759-00-001-0070-914
Land Assessment
$1,818,125
Improvements Assessment
$0
Total Assessment
$1,818,125
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