902 Katy Fort Bend Rd | Katy, TX 77494
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- LoopNet Team
902 Katy Fort Bend Rd
Katy, TX 77494
ABS. NET CAR WASH | BONUS DEPRECIATION · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Positioned Along Area’s Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 18k Vehicle
- Located in a Rapidly Expanding Dense Urban Infill Area - The Area is now Undergoing Major Development because of its Close Proximity to Downtown Houst
- 80% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Mo
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System Featuring 140’ Tunnel, Triple Lane Pay-Stations an
- Densely Populated and Affluent Area: Features an Average Household Income of more than $127k and over 259k People Residing within a 5-Mile Radius.
PROPERTY FACTS
Property Type
Building Size
6,798 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.56 AC
PROPERTY TAXES
| Parcel Number | 1382270010015 | Improvements Assessment | $1,364,226 |
| Land Assessment | $1,701,425 | Total Assessment | $3,065,651 |
PROPERTY TAXES
Parcel Number
1382270010015
Land Assessment
$1,701,425
Improvements Assessment
$1,364,226
Total Assessment
$3,065,651
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