1935 Avenue D - Freestanding FOR SALE


Katy, TX 77493- Bear Creek/Copperfield
$2,208,569 USD
404-823-6749
1935 Avenue D, Katy, TX for Sale
$2,208,569 USD
Freestanding - FOR SALE
1/7
null | 6.5% Cap Rate


HIGHLIGHTS

  • 15-year net lease w/ best-in-class tenant
  • Brand new construction
  • Rapidly growing Houston suburb
  • Premier retail and entertainment area
  • 35K+ VPD w/ direct access to I-10

OVERVIEW

This newly constructed HTeaO store in Katy, Texas presents a compelling opportunity to acquire a long-term, passive, and stable income asset in one of Houston’s most dynamic suburban markets. Positioned within a premier retail and entertainment corridor, the property benefits from a high-visibility location with more than 35,000 vehicles passing daily and seamless access to Interstate 10, enabling strong regional customer draw and sustained tenant performance. Katy continues to experience significant residential, commercial, and industrial expansion, creating a durable consumer base and supporting long-term retail viability. The tenant, HTeaO, is recognized as the largest iced tea franchisor in the United States, and this location operates under a new 15-year absolute NNN lease. The structure offers investors an attractive, hands-off ownership experience with zero landlord responsibilities. The lease includes 10 percent rent increases every five years, reinforcing income growth throughout the term and providing a predictable yield profile for long-term holders. The location also benefits from its proximity to major industrial development, consistent daytime population growth, and the broader Houston metro’s favorable business environment, including the absence of state income tax. Surrounded by established and emerging commercial developments, the property is well-positioned to capture both destination traffic and local repeat customers. Investors gain exposure to a rapidly scaling brand within a thriving, high-demand trade area, making this asset suitable for 1031 exchanges, portfolio diversification, or buyers seeking secure net-lease retail investments. Combined with the property’s strong fundamentals, premier placement, and long-term corporate tenancy, this offering represents a durable and strategically located income opportunity.

FOR SALE DETAILS

PRICE

$2,208,569 USD

PRICE/SF

$1,104 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HTeaO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C

APN/PARCEL ID

0482480000012

ASK ABOUT THIS PROPERTY

Michael WatsonAvison YoungMore Info
404-823-6749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michael WatsonAvison YoungMore Info
404-823-6749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.