525 S Fry Rd | Katy, TX 77450
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- LoopNet Team
525 S Fry Rd
Katy, TX 77450
Randalls · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Randalls has Operated Since 1995 at this Location and Recently Signed a New 20-Year Lease in 2017
- Affluent Katy Demographics: Located 20-miles west of Downtown Houston, Katy is one of the most affluent suburbs in the Houston MSA with average house
- High Growth Houston Suburb: Nearly 57% population growth within a 5-mile radius of the subject property from 2010 to 2019; expected to increase 28%
- Shadow Anchored by Target and Lowe’s: Subject property is positioned as a highly visible endcap unit to a Target and Lowe’s anchored power center
- Freeway Adjacent: The subject property is located adjacent to I-10 (257,000 cars per day), which connects the entire Houston metro area
- Houston MSA: Largest city in Texas and 4th most populous city in the U.S. (2.3 million residents); 6.9 million residents in the Houston MSA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
57,401 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
5.13 AC
Zoning
Commercial
Parking
252 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
477’ on South Fry Road
PROPERTY TAXES
| Parcel Number | 1184440010001 | Improvements Assessment | $4,445,328 |
| Land Assessment | $2,684,172 | Total Assessment | $7,129,500 |
PROPERTY TAXES
Parcel Number
1184440010001
Land Assessment
$2,684,172
Improvements Assessment
$4,445,328
Total Assessment
$7,129,500
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