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5433 N Fry Rd
Katy, TX 77449
Retail Property For Sale
PROPERTY FACTS
ABOUT 5433 N FRY RD , KATY, TX 77449
5433 Fry Road is located less than 10 miles from Grand Parkway/TX-99, a major thoroughfare in Houston with over 73,543 cars per day. The property sits off the corner of Fry Rd & Bear Hunters Dr, where Pylon signage provides added visibility to the 27,911 cars traveling along Fry Rd and 5,087 cars traveling along Bear Hunters Drive each day. The 10,000 SF facility was erected in 2015 & leased to long-term tenant, TLE. TLE franchisees also benefit from a 95% long term success rate. Landlord is strictly responsible for structural components, such as roof & foundation, the roof has a 20-year warranty. Property is priced at a 7.34 Cap rate, with rent bumps in year 6 and year 11, taking the Cap rate to 8.1 and 8.2% respectively. Area presents strong traffic counts, population growth and household income.
PROPERTY TAXES
| Parcel Number | 1354450010001 | Improvements Assessment | $1,279,501 |
| Land Assessment | $881,040 | Total Assessment | $2,160,541 |
PROPERTY TAXES
