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Katy, TX - H-E-B

$33,975,000

24924 Morton Ranch Road, Katy, TX 77493

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.

Map:
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