This Retail Property is no longer advertised on LoopNet.com.

5105 Mason Rd
Katy, TX 77450
Louetta Automotive · Retail Property For Sale

Investment Highlights

  • Recently Extended Lease with 15 Years of Additional Term | Shows Tenant’s Strong Commitment and Belief in this Location
  • Below Market Rent | Provides Significant Downside Protection
  • Two (2) Tenant Renewal Periods of Five (5) Years Each
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 1.50% Annual Rental Increases
  • The Tenant, GB Auto Service, Inc., Ranks Amongst the Largest Retail Tire and Auto Service Dealerships in the U.S. with Over 170 Locations

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,905 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.13 AC
Parking
26 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
124’ on S Mason Rd

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
0406-00-001-0066-914
Land Assessment
$490,791
Improvements Assessment
$873,539
Total Assessment
$1,364,330
  • Listing ID: 21238583

  • Date on Market: 10/15/2020

  • Last Updated:

  • Address: 5105 Mason Rd, Katy, TX 77450

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