281-236-3032
814 East Ave, Katy, TX for Sale
Office - FOR SALE
1/16
null | Request Cap Rate


HIGHLIGHTS

  • Prime Old Katy location. Complementary tenant mix. Rent growth at rollover or renewal. Well-maintained office building.

OVERVIEW

814 East Ave. is a well-maintained office building located in the heart of Old Katy, a proven and established submarket. The property has been historically 100% leased with a strong, complementary tenant mix and consistent occupancy driven by local demand. The largest tenant is currently paying significantly below-market rent, providing meaningful rent upside at rollover or renewal. In addition, there is the ability to capture remaining common area factor, offering further upside to increase effective rents and NOI without additional capital investment. The building has been well cared for, presents nicely, and offers investors a rare combination of stable in-place income with multiple, identifiable paths to value enhancement.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

None

APN/PARCEL ID

0471210000213

ASK ABOUT THIS PROPERTY

Frederick AshCommercial Realty CompanyMore Info
281-236-3032

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Frederick AshCommercial Realty CompanyMore Info
281-236-3032

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