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Brewer Construction NNN 589 Stonegate Dr 11,588 SF Industrial Building Katy, TX 77494 $2,620,000 ($226.10/SF) 6.63% Cap Rate

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INVESTMENT HIGHLIGHTS

  • US 90 Frontage
  • On-site detention
  • Established business/commercial sub-market

EXECUTIVE SUMMARY

Long-term Absolute Net lease
3% Annual rent increases
Strong Financials
Established Katy Tx contractor
Close proximity to I-10 and the Grand Parkway
.56 miles East of Pederson Road
Well appointed professional office
Break room includes refrigeration, ice maker, dishwasher and gas stove
Reception area with desk
Four (4) Large private offices
Large 11x20 FT conference room
2 uni-sex bathrooms
Built in cabinets for file area and copy area
4 desk workstation area
Private tech manager office

PROPERTY FACTS

Price $2,620,000
Price Per SF $226.10
Sale Type Investment NNN
Cap Rate 6.63%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 2.29 AC
Rentable Building Area 11,588 SF
No. Stories 1
Year Built/Renovated 1995/2020
Tenancy Single
Parking Ratio 2.07/1,000 SF
No. Drive In / Grade-Level Doors 4
Zoning N/A - N/A

AMENITIES

  • Mezzanine
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Brewer Construction
  • Construction
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Brewer Construction Construction 99,999 SF $9.99 Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
206161
Land Assessment
$812,910
Improvements Assessment
$823,380
Total Assessment
$1,636,290
  • Listing ID: 36245338

  • Date on Market: 6/13/2025

  • Last Updated:

  • Address: 589 Stonegate Dr, Katy, TX 77494

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