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New Construction Medical/Retail 19304 Katy Fwy

14,000 SF 29% Leased Retail Building Houston, TX 77084 $8,000,000 ($571/SF)

INVESTMENT HIGHLIGHTS

  • Located on Interstate 10 with over 200,000 VPD at Greenhouse Road with nearly 28,000 VPD
  • Excel Urgent Care began in 2006 and operates three locations around Houston
  • Adjacent to a forthcoming Plucker’s Wing Bar
  • The property is just outside Houston’s Energy Corridor, one of Houston’s most important business districts with more than 20% of Houston’s Fortune 500
  • Surrounding tenants include Shake Shack, CAVA, Tim Horton’s, Ideal Dental, At Home, LA Fitness, and multiple restaurants
  • Average Household Income above $100,000 within 1-, 3-, and 5-miles

EXECUTIVE SUMMARY

OLDHAM GOODWIN is pleased to present for sale a 14,000 SF Medical/Retail property located in a high growth retail & healthcare node. The new construction building is anchored by Excel Urgent Care who will be leasing back their space for 10 years with 3% annual increases. The remaining space is ideal for a partial owner/user or a value-add opportunity for an investor.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,000 SF
Building Class
C
Year Built
2024
Price
$8,000,000
Price Per SF
$571
Percent Leased
29%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.00 AC
Parking
4.5 Spaces per 1,000 SF Leased
Frontage
480 FT on Katy Freeway

AMENITIES

  • 24 Hour Access
  • Freeway Visibility
  • Signage
  • Monument Signage
  • Fiber Optic Internet

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,500-10,000 SF
  • Retail
  • End Cap
  • Now

Spacious retail suites with 1,500 sqft up to 10,000 sqft available.

Space Size Space Use Position Available
1st Floor 2,500-10,000 SF Retail End Cap Now

1st Floor

Size
2,500-10,000 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 2,500-10,000 SF
Space Use Retail
Position End Cap
Available Now

Spacious retail suites with 1,500 sqft up to 10,000 sqft available.

NEARBY MAJOR RETAILERS

Tim Hortons
LA Fitness
Applebee's
Corner Bakery Cafe
Teriyaki Madness
Torchy's Tacos
Starbucks
Five Guys
Waffle House
H-E-B

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1338270010006
Land Assessment
$2,178,000
Improvements Assessment
$0
Total Assessment
$2,178,000
  • Listing ID: 33509365

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 19304 Katy Fwy, Houston, TX 77084

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