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777 Cane Island Pkwy 1,450 SF Retail Building Katy, TX 77493 $1,300,000 ($896.55/SF)
Executive Summary
Newly constructed 1,450 sq ft building is currently tenant occupied by a coffee shop under a 5 year lease, generating $58,000 NOI and offering a 4.46% CAP rate.
Conveniently located at the corner of HWY 90 and Cane Island Pkwy. features a drive-thru, offering convenience and accessibility in a high traffic area, making it an ideal choice for those seeking a prime location in a prestigious community.. Direct curb-cut access from HWY 90, 2 main entrances, 14 parking spaces, and a drive-thru window. Right across from the building is the prestigious Cane Island community, which features homes valued between $200K and $1M. Within a 5-mile radius of this property, there are approximately 50,000 homes to market to. Additionally, the lot is just 2 minutes from the Katy Freeway and a 24-hour Buc-ee's. Don't miss this opportunity!
Conveniently located at the corner of HWY 90 and Cane Island Pkwy. features a drive-thru, offering convenience and accessibility in a high traffic area, making it an ideal choice for those seeking a prime location in a prestigious community.. Direct curb-cut access from HWY 90, 2 main entrances, 14 parking spaces, and a drive-thru window. Right across from the building is the prestigious Cane Island community, which features homes valued between $200K and $1M. Within a 5-mile radius of this property, there are approximately 50,000 homes to market to. Additionally, the lot is just 2 minutes from the Katy Freeway and a 24-hour Buc-ee's. Don't miss this opportunity!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,450 SF
Year Built
2025
Price
$1,300,000
Price Per SF
$896.55
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.59 AC
Zoning
PDD - Commercial
Parking
17 Spaces (11.72 Spaces per 1,000 SF Leased)
Frontage
100’ on Highway 90
Amenities
- Corner Lot
- Freeway Visibility
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 253836 | Improvements Assessment | $395,940 |
| Land Assessment | $310,960 | Total Assessment | $706,900 |
Property Taxes
Parcel Number
253836
Land Assessment
$310,960
Improvements Assessment
$395,940
Total Assessment
$706,900
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777 Cane Island Pkwy
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