Katy, TX - H-E-B
$33,975,000
24924 Morton Ranch Road, Katy, TX 77493
For Sale
Retail
Active
Last Updated: 01/01/2025
5
Cap Rate
1,698,750
NOI
Details:
Cap Rate: 5%
NOI: $1,698,750
Building Size: 122,735 sqft
Description:
Property includes an H-E-B Fuel Station with a Car Wash.
Only listed H-E-B in the country. H-E-B is the largest grocery store in Texas and 5th largest private company in the country.
Katy ISD, consistently ranked as one of the best ISD’s in Texas, just approved a $850M bond package that will feature 4 new schools to the community.
Characterized by 176,664 people within five miles of the property with an average HH income of $98,356. The 5-mile population is expected to increase to 206,863 people.
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