Commons at Jordan Ranch | 2340 Texas Heritage Pky
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Commons at Jordan Ranch 2340 Texas Heritage Pky
19,575 SF 100% Leased 4-Star Retail Building Katy, TX 77494 $10,416,758 ($532/SF) 6% Cap Rate
Investment Highlights
- Unparalleled integration in Houston’s latest affluent and family oriented master-planned community
- New pedestrian friendly development offers high foot traffic
- Located on major north/south thoroughfare; Texas Heritage
- Placed approximately 4 miles west of existing retail to ensure the absorption of Katy’s growth
- Unrivaled growth metrics with the upcoming construction of new master planned communities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
19,575 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$10,416,758
Price Per SF
$532
Cap Rate
6%
NOI
$625,005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.45 AC
Zoning
n/a
PROPERTY TAXES
Parcel Number | 0100-00-000-0500-901 | Improvements Assessment | $2,855,639 |
Land Assessment | $1,714,086 | Total Assessment | $14,278,919 |
PROPERTY TAXES
Parcel Number
0100-00-000-0500-901
Land Assessment
$1,714,086
Improvements Assessment
$2,855,639
Total Assessment
$14,278,919
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Commons at Jordan Ranch | 2340 Texas Heritage Pky
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