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Shops at Katy Lakes SEC FM 529 & KATY-HOCKLEY CUT-OFF
1,200 - 15,375 SF of Retail Space Available in Katy, TX 77493
Highlights
- 4.38 Acre Development
- New High School, Junior High School and Elementary School located approximately 1 mile from the site, opening Fall 2024
- 9,898 VPD on FM-529
- Located at the southeast corner of FM-529/ Freeman Rd & Katy-Hockley Cut-Off
- Across from Elyson’s 3,600 master planned community with 6,200+ homes at buildout
- 8,586 VPD on Katy-Hockley Cut-Off
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-15,375 SF | Negotiable | $34.00 /SF/YR $2.83 /SF/MO $522,750 /YR $43,563 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- New Construction: 4.38 Acre Development
- Across from Elyson’s 3,600 MPC
- 3 New Schools opening within 1 mile
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR SEC FM 529 & KATY-HOCKLEY CUT-OFF , Katy, TX 77493
| Min. Divisible | 1,200 SF | Gross Leasable Area | 19,050 SF |
| Property Type | Retail | Construction Status | Proposed |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 19,050 SF |
| Construction Status | Proposed |
About the Property
The 4.38-acre development, strategically located at the southeast corner of FM-529/Freeman Rd and Katy-Hockley Cut-Off, promises to be a key addition to the area. This prime location is set to benefit immensely from the proximity of new educational institutions, including a high school, junior high school, and elementary school, all slated to open in Fall 2024, just about a mile away from the site. Additionally, the development is situated directly across from Elyson's expansive 3,600-acre master-planned community, which will feature over 6,200 homes upon completion, further enhancing the area's growth and appeal.
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Shops at Katy Lakes | SEC FM 529 & KATY-HOCKLEY CUT-OFF
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