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- LoopNet Team
5433 N Fry Rd
Katy, TX 77449
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Advantageous Debt Market Movement
- Credible Tenant
- Houston MSA Acquisition Opportunity
- Affluent Community with Premier Demographics
PROPERTY FACTS
ABOUT 5433 N FRY RD , KATY, TX 77449
Stan Johnson Company is pleased to offer for sale to qualified investors a 100% fee-simple building leased to The Learning Experience (TLE), the fastest growing childcare and early education franchise in the country. The ± 10,000 SF building is located in Katy, Texas, an affluent suburb of the Houston Area. Katy is located approximately 20 miles away from downtown Houston, and part of the Greater Houston Metropolitan Statistical Area (MSA), which is the fifth largest MSA in the United States. The Subject Property is operating under a sixteen (16) year primary lease term with over ten (10) years remaining and features two (2), five (5) year options with ten (10) percent increases every five (5) years during the primary term and option periods. The Subject Property is located in an excellent school district with Sheridan Elementary School, Thornton Middle School and Cypress Lakes High school just blocks away. The Subject Property also sits in the middle of surrounding residential neighborhoods with 39,000+ households in a three (3) mile radius.
PROPERTY TAXES
| Parcel Number | 1354450010001 | Improvements Assessment | $1,279,501 |
| Land Assessment | $881,040 | Total Assessment | $2,160,541 |
PROPERTY TAXES
