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814 East Ave 12,288 SF 100% Leased Office Building Katy, TX 77493 For Sale
Investment Highlights
- Prime Old Katy location. Complementary tenant mix. Rent growth at rollover or renewal. Well-maintained office building. Seller Financing Available.
Executive Summary
SELLER FINANCE AVAILABLE
814 East Ave. is a well-maintained office building located in the heart of Old Katy, a proven and established submarket. The property has been historically 100% leased with a strong, complementary tenant mix and consistent occupancy driven by local demand. The largest tenant is currently paying significantly below-market rent, providing meaningful rent upside at rollover or renewal. In addition, there is the ability to capture remaining common area factor, offering further upside to increase effective rents and NOI without additional capital investment. The building has been well cared for, presents nicely, and offers investors a rare combination of stable in-place income with multiple, identifiable paths to value enhancement.
814 East Ave. is a well-maintained office building located in the heart of Old Katy, a proven and established submarket. The property has been historically 100% leased with a strong, complementary tenant mix and consistent occupancy driven by local demand. The largest tenant is currently paying significantly below-market rent, providing meaningful rent upside at rollover or renewal. In addition, there is the ability to capture remaining common area factor, offering further upside to increase effective rents and NOI without additional capital investment. The building has been well cared for, presents nicely, and offers investors a rare combination of stable in-place income with multiple, identifiable paths to value enhancement.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
12,288 SF
Building Class
B
Year Built/Renovated
2006/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,288 SF
Building FAR
0.22
Lot Size
1.26 AC
Zoning
None - No zoning
Parking
43 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Edward Jones was founded in 1922 by Edward D. Jones Sr. as a financial services firm built around serving individual investors rather than institutions. The company has grown into a North American wealth management business centered on financial advice, brokerage, retirement planning, education savings, insurance, and related investment services. Edward Jones emphasizes branch-based client relationships and a long-term investing approach, while the company has introduced new products, expanded banking capabilities, and pursued a broader effort to serve clients more completely.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0471210000213 | Improvements Assessment | $2,087,585 |
| Land Assessment | $550,600 | Total Assessment | $2,638,185 |
Property Taxes
Parcel Number
0471210000213
Land Assessment
$550,600
Improvements Assessment
$2,087,585
Total Assessment
$2,638,185
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