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Old Town Katy Square

$5,200,000

1602 Avenue D, Katy, TX 77493

Active
Last Updated: 06/18/2025

6.75

Cap Rate

350,840

NOI

Details:
Cap Rate:    6.75%
NOI:    $350,840
Building Size:    16,069 sqft
Lot Area:    3.96 acres
Year Built:    2016
Tenancy:    Multiple
Description:

Investment Opportunity


Property Highlights

Net Rentable Area: ±16,069 SF Retail/Professional Center
Land Size: ±3.96 Acres
Parking Ratio: 3.85/1,000 SF leased
Current Zoning: Commercial land use/Retail
Current Improvements: Tilt wall structure with brick veneer finish, tall parapits and generous soffits with concrete paved parking and service acres, extensive landscaping
Tax Rate (2024): $2.150789
Environmental: Clean, new in 2017

Map:
Documents:
Title
Property Brochure
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Location
Gallery