Tony's Tex-Mex | 17790 Katy Fwy
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Tony's Tex-Mex 17790 Katy Fwy
5,008 SF Retail Building Houston, TX 77094 $2,350,000 ($469/SF)
Investment Highlights
- I-10 West Katy Freeway frontage in Fast Growing Energy Corridor - Katy / Houston TX.
- Restaurant in great condition shows very well
- Very dense surrounding Employment including major corporate HQ's
- Equipment included in sale.
Executive Summary
PRICE REDUCTION!!! Located in the fast growing "Energy Corridor" section of Katy / Houston Texas. This is the Sale of a free-standing 5,008 SF + 1,000 SF patio 2nd generation restaurant on 1.265 acres in great condition to include ALL kitchen & bar equipment as well as the FF & E. 90 parking spaces. Buyer must change the name of the restaurant as the "business" proper (including menu and recipes) is Not For Sale. Building has I-10 / Katy Freeway (westbound) frontage (136,000 cars per day westbound) in the very successful 550 acres PARK 10 mixed-use development. Surrounded by Very dense employment (23,800 + jobs within 2 miles). Excellent catering opportunities to 10 major brand auto dealerships nearby and from 2,300 hotel rooms in 20 nearby motels and hotels. Also within 1/2 mile of the Texas Medical Center / West Campus which includes the ever expanding Texas Children's Hospital and Methodist Hospital / West. 939 New apartments under construction within 1 mile. City of Katy, TX. population has grown 31 % between 2016 and 2021.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,008 SF
Building Class
B
Year Built
2008
Price
$2,350,000
Price Per SF
$469
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.26 AC
Zoning
None
Parking
92 Spaces (18.37 Spaces per 1,000 SF Leased)
Frontage
162 FT on I-10 West / Katy Freeway
Amenities
- Freeway Visibility
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1165980000004 | Improvements Assessment | $833,126 |
| Land Assessment | $1,041,600 | Total Assessment | $1,874,726 |
PROPERTY TAXES
Parcel Number
1165980000004
Land Assessment
$1,041,600
Improvements Assessment
$833,126
Total Assessment
$1,874,726
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Tony's Tex-Mex | 17790 Katy Fwy
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