2650 S Peek Rd | Katy, TX 77450
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- LoopNet Team
2650 S Peek Rd
Katy, TX 77450
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant currently operates four other locations with a new 15 year lease with no landlord responsibility
- Tenant currently completing extensive $1,500,000 buildout
- Average household spending on education/daycare exceeds $3,000 per month within 3-mile radius
- Average cap rate over the lease term of 7.19% (assuming 7.5% increases)
- Located in award winning Cinco Ranch master planned community in Katy, Texas
- Dense neighborhood population of ~126,000 and ~285,000 within 3- and 5-miles, respectively
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,385 SF
Building Class
B
Year Built/Renovated
1995/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.79 AC
Zoning
F1 Commercial
Parking
21 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
167’ on S Peek Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 2262-01-000-0030-914 | Improvements Assessment | $1,171,305 |
| Land Assessment | $934,257 | Total Assessment | $2,105,562 |
PROPERTY TAXES
Parcel Number
2262-01-000-0030-914
Land Assessment
$934,257
Improvements Assessment
$1,171,305
Total Assessment
$2,105,562
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