The Reserve at Woodcreek, Katy | 2212 Katy Flewellen Rd
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The Reserve at Woodcreek, Katy 2212 Katy Flewellen Rd
14,942 SF 100% Leased Retail Building Katy, TX 77494 $5,734,080 ($384/SF) 6.25% Cap Rate
Investment Highlights
- High Profile Katy Retail Center
- Located at entrances to Woodcreek Reserve, and Grayson Lakes Communities
- 100% Leased
Executive Summary
Premier location NWQ Katy Flewellen/Woodcreek Bend at the entrances to Woodcreek Reserve, and Grayson Lakes Communities; and adjacent to Woodcreek Jr. High School. Long term daycare serves as anchor tenant. 100% leased with assumable debt available.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,942 SF
Building Class
B
Year Built
2016
Price
$5,734,080
Price Per SF
$384
Cap Rate
6.25%
NOI
$358,380
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Land Acres
1.24 AC
Parking
50 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
223 FT on Katy Flewellen
Amenities
- Security System
- Signalized Intersection
- Air Conditioning
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 0157-01-005-0000-914 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $22,770 |
PROPERTY TAXES
Parcel Number
0157-01-005-0000-914
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$22,770
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The Reserve at Woodcreek, Katy | 2212 Katy Flewellen Rd
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