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Amazing Explorers Academy - Houston MSA 6907 Peek Rd

10,648 SF 100% Leased Retail Building Katy, TX 77493 $7,086,615 ($666/SF) 6.35% Cap Rate

Investment Highlights

  • Absolute NNN 15-year Lease | 10% Rent Increases in Primary Term | Est Opening Jan 2025
  • Affluent Community with average household income of $150,000+ within a 1-mile radius
  • Only 30 miles from Downtown Houston | Surrounded by national retail including Target, Burlington, Chick-fil-a, Marco’s Pizza, Subway, Exxon, and more
  • 2024 Construction | Zero Landlord Responsibilities | Four, 5-Year Options with 10% Rent Increases
  • Highly sought-after Master-Planned community of Elyson with a population exceeding 215,000 in 5-mile radius | 85% 5-year pop growth projections

Executive Summary

TREK Investment Group is pleased to offer Amazing Explorers Academy Elyson (AEA) in Katy, Texas. AEA offers an investor an incredible opportunity to acquire a property featuring a brand-new Absolute NNN 15-year lease with zero landlord responsibilities and scheduled rent increases, situated in a highly sought-after affluent community only 30 miles outside of Downtown Houston.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,648 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$7,086,615
Price Per SF
$666
Cap Rate
6.35%
NOI
$450,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Land Acres
1.07 AC

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1399100010004
Land Assessment
$466,530
Improvements Assessment
$0
Total Assessment
$466,530
  • Listing ID: 34063340

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 6907 Peek Rd, Katy, TX 77493

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