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902 Katy Fort Bend Rd
Katy, TX 77494
ABS. NET CAR WASH | BONUS DEPRECIATION · Specialty Property For Sale · 6,798 SF

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 Specialty
Property Subtype
Car Wash
  • General Retail Service Station
  • General Retail Storefront
  • Industrial Service
Building Class B
Lot Size 1.56 AC
Building Size 6,798 SF
No. Stories 1
Year Built 2022

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
1382270010015
Land Assessment
$1,701,425
Improvements Assessment
$1,364,226
Total Assessment
$3,065,651
  • Listing ID: 26846016

  • Date on Market: 10/13/2022

  • Last Updated:

  • Address: 902 Katy Fort Bend Rd, Katy, TX 77494

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