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1223 Grand West Blvd - University Center - Grand West & Mercantile

2,000 - 10,000 SF Retail Condo Units in Katy, TX 77449

Investment Highlights

  • Landmark location at University Center.
  • Surrounded by national brands PopStroke (Tiger Woods), Andretti, and 85C Bakery.
  • Walk to Katy Asian Town, University of Houston and Community College.
  • Excellent tenant mix with a NNN lease.

Executive Summary

Convenient access to I-10 and TX-99. High traffic area in a heart location like Mini Town Center with high walkability and visibility. University of Houston and Andretti Entertainment Center are across the street. Houston Community College is estimated 3,000 students for Fall semester 2022. Surrounded by national, if not global, level businesses, such as 85C Bakery, la Madeleine, Red Robin, Kura Sushi, and many more. The Memorial Hermann Hospital (900 medical professionals) is one minute drive. The Mason Creek Office Centers (356,000 sf of Class A office buildings) is nearby, Metro Park and Ride (1700 parking) to Downtown with its bus route in front of the shopping center. It also neighbors with the Academy Sports Headquarters (2,900 employees). This Mixed Use development is centrally located for restaurant, bar, medical (family, spa, therapy, dental, chiropractic), professional office (accounting, legal service, financials, etc.), education (tutoring, musical, dancing school), and much more!

Property Facts

Unit Size 2,000 - 10,000 SF
No. Units 4
Total Building Size 50,000 SF
Property Type Retail
Property Subtype Restaurant
Building Class A
Floors 2
Typical Floor Size 25,000 SF
Year Built 2019
Lot Size 24.13 AC

4 Units Available

Unit B2

Unit Size 2,000 SF
Condo Use Retail
Sale Type Investment

Unit B3

Unit Size 3,000 SF
Condo Use Retail
Sale Type Investment

Unit B5

Unit Size 4,000 SF
Condo Use Retail
Sale Type Investment

Unit B6

Unit Size 10,000 SF
Condo Use Retail
Sale Type Investment

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
9,206
123,423
289,840
442,274
2029 Population
9,383
129,245
311,802
481,526
2024-2029 Projected Population Growth
1.9%
4.7%
7.6%
8.9%
Median Age
38.0
36.1
36.0
36.1
College Degree + Higher
39%
40%
44%
30%
Daytime Employees
6,113
39,942
77,159
135,158
Total Businesses
845
5,684
11,467
17,773
Average Household Income
$89,869
$103,106
$116,093
$122,200
Median Household Income
$74,152
$85,110
$94,119
$100,044
Total Consumer Spending
$108.4M
$1.4B
$3.5B
$5.4B
2024 Households
3,612
42,595
94,715
142,975
Average Home Value
$230,157
$280,110
$327,352
$347,317

Amenities

  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • On-Site Security Staff

Nearby Major Retailers

L & L Hawaiian Barbecue
La Madeleine
Red Robin
Gloria's Latin Cuisine
Kura Sushi
Meet Fresh
Hooters
Landry's Seafood House
First Watch
My Gym

zoning

Zoning Code None
None
  • Listing ID: 31322880

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 1223 Grand West Blvd, Katy, TX 77449

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