640 S Peek Rd - Loft/Creative Space FOR SALE


Katy, TX 77450- Cinco Ranch
$2,500,000 USD
936-648-3939
640 S Peek Rd, Katy, TX for Sale
$2,500,000 USD
Loft/Creative Space - FOR SALE
1/9
null | 6.5% Cap Rate

640 S Peek Rd
Katy, TX 77450
Cinco Ranch


HIGHLIGHTS

  • 2023 Modern premium office building currently leased at a 6.5% cap rate

OVERVIEW

2023 Premium office building currently leased on a NNN basis at 6.5% cap rate. This premium office building is all about location and convenience. It is near Katy's booming retail and entertainment area. Close by is the intersection of 99 & I-10, the Costco retail area, Katy's Asia town, Cinco Ranch, Falcon Point and the University of Houston - Katy campus. Restaurant and entertainment options abound within a stones throw. The downstairs of this high end two story office building features six offices, a large conference room with video conference screen, bullpen area, kitchen area, two restrooms and two storage areas each with its own overhead door. The upstairs features a large bull pen area, one office, a restroom and a kitchen area. The building offers a lot of windows making it light, cheery and a great place to work. The foyer of this building is designed for two separate tenants should that be desired. The owner of this building spared no expense in its design.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

1275980010010

ASK ABOUT THIS PROPERTY

Ron WickesWalzel Commercial HoldingsMore Info
936-648-3939

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Ron WickesWalzel Commercial HoldingsMore Info
936-648-3939

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