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Westheimer Lakes 6734 Westheimer Lakes North Dr 32,585 SF 100% Leased Retail Building Katy, TX 77494 $11,095,896 ($340.52/SF) 7% Cap Rate
Investment Highlights
- Roof replaced in 2025 with a 20-year warranty on materials.
- Visibility from major thoroughfares such as Westpark Tollway and the Grand Parkway and provides easy access from Fulshear, Richmond, Katy, Sugar Land
- Surrounded by numerous master-planned communities including Cinco Ranch, Grand Lakes, and Cross Creek
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
32,585 SF
Building Class
B
Year Built/Renovated
2009/2013
Price
$11,095,896
Price Per SF
$340.52
Cap Rate
7%
NOI
$776,713
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.91 AC
Parking
166 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
335’ on Westheimer Lakes North
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0574-00-001-0025-914 | Improvements Assessment | $7,380,512 |
| Land Assessment | $1,523,258 | Total Assessment | $8,903,770 |
Property Taxes
Parcel Number
0574-00-001-0025-914
Land Assessment
$1,523,258
Improvements Assessment
$7,380,512
Total Assessment
$8,903,770
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