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Highlights

  • Frontage on Grand Parkway (Hwy 99)
  • Delivery: October 2026 - Now Pre-Leasing – Limited Availability
  • High Traffic & Visibility
  • New Construction Retail Center
  • Tenant Improvement Allowance Available
  • Flexible Unit Sizes (1,000 – 7,000 SF)

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,000-7,000 SF
  • Negotiable
  • $34.00 /SF/YR $2.83 /SF/MO $238,000 /YR $19,833 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
October 01, 2026

Retail Shell space available. Rental rates range from $32.00-36.00.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Private Parking
  • New Construction
  • 2nd Floor
  • 951 SF
  • Negotiable
  • $34.00 /SF/YR $2.83 /SF/MO $32,334 /YR $2,695 /MO
  • Triple Net (NNN)
Space Use
Office
Build-Out
-
Availability
October 01, 2026
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 1,000-7,000 SF Negotiable $34.00 /SF/YR $2.83 /SF/MO $238,000 /YR $19,833 /MO Triple Net (NNN)
2nd Floor 951 SF Negotiable $34.00 /SF/YR $2.83 /SF/MO $32,334 /YR $2,695 /MO Triple Net (NNN)

1st Floor

Size
1,000-7,000 SF
Term
Negotiable
Rental Rate
$34.00 /SF/YR $2.83 /SF/MO $238,000 /YR $19,833 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
October 01, 2026

Retail Shell space available. Rental rates range from $32.00-36.00.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Private Parking
  • New Construction

2nd Floor

Size
951 SF
Term
Negotiable
Rental Rate
$34.00 /SF/YR $2.83 /SF/MO $32,334 /YR $2,695 /MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
-
Availability
October 01, 2026

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Site Plan

Select Tenants at KHD Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Kitchen & Home Design
  • Construction
  • -
  • -
  • TealBuild LLC
  • Construction
  • -
  • -
Tenant Description US Locations Reach
Kitchen & Home Design Construction - -
TealBuild LLC Construction - -

Property Facts

Total Space Available 7,951 SF
Min. Divisible 951 SF
Property Type Retail
Gross Leasable Area 14,000 SF
Year Built 2026
Parking Ratio 3.86/1,000 SF
Construction Status Under Construction

About the Property

KHD Plaza is now pre-leasing! Introducing KHD Plaza, a brand-new retail development strategically positioned along Grand Parkway / Highway 99 in Katy, Texas, near the growing Morton Ranch - Clay Rd area — one of the fastest-growing and most active commercial corridors in the Houston area. Offering 1,000 to 7,000 square feet of flexible retail space, KHD Plaza is designed for a strong mix of restaurants, medical users, retail boutiques, beauty and wellness concepts, professional services, and daily-needs tenants seeking premium visibility and long-term growth. With direct exposure to Grand Parkway traffic, convenient access from nearby major roads including Clay Road and Morton Ranch Road, and proximity to dense residential neighborhoods, national retailers, schools, and high-traffic destinations, this location gives future tenants a powerful opportunity to capture a growing customer base in a high-demand market. The project is scheduled for October 2026 delivery, with tenant improvement packages available for qualified tenants to help support customized buildouts and concept design. KHD Plaza offers a rare opportunity to secure space in a new construction retail center near Morton Ranch within one of Katy’s most desirable growth areas — where visibility, accessibility, and surrounding demand come together. Now pre-leasing. Secure your space today and position your business for success at KHD Plaza.

  • 24 Hour Access
  • Freeway Visibility
  • Mezzanine
  • Property Manager on Site
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Car Charging Station
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100

Nearby Major Retailers

F45 Training, Inc.
Starbucks
Black Rock Coffee Bar
Chase Bank
Woodforest National Bank
Bubba's 33
Regions Bank
9Round
Kroger
Bank of America
  • Listing ID: 29742499

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 3223 W Grand Pky N, Katy, TX 77449

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