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Katy Retail – Katy, Tx

$3,524,000

1815 South Mason Road, Park Row, TX 77450

Active
Last Updated: 03/31/2026

7

Cap Rate

246,646

NOI

Details:
Cap Rate:    7%
NOI:    $246,646
Building Size:    8,737 sqft
Lot Area:    1.08 acres
Occupancy:    100%
Lease Type:    Absolute Net
Zoning:    C
Tenancy:    Multiple
Lease Expire Year:    10/31/2035
Highlights:
  • Texas is an income tax-free State
  • ABSOLUTE NNN LEASE: Tenants are responsible for all expenses
  • TRAFFIC COUNTS: S Mason Rd - 22,855 CPD | Winding Hollow Dr - 1,336 CPD
  • 2025 DEMOGRAPHICS: Total Population (5MI): 294,262 | Average Household Income (3MI): $149,473
Description:

Katy Retail is 12 minutes to Houston Community College Katy – the new 3-story, 120,000 SF building provides updated facilities for the increased enrollment capacity of 7,000 students. Katy Retail is also 14 minutes to Memorial Hermann Katy Hospital – featuring a 303-bed facility, serving the Katy area for more than 40 years and is known for providing clinical expertise, patient-centered care and leading-edge technology. Nearby retailers include Costco, Walmart, Target, Sam’s Club, Home Depot, Lowe’s, Floor & Décor, AT Home, Hobby Lobby, Kohl’s, T.J. Maxx, Ross, HomeGoods, Dick’s Sporting Goods, Academy Sports + Outdoors, Shoe Carnival, Best Buy, OfficeMax, Michaels, PetSmart, Ace Hardware, Kroger Marketplace, Trader Joe’s, ALDI, H.E.B., Spec’s Wines, Ashley Store, Life Time, L.A. Fitness, Planet Fitness, Main Event, Cinemark, and Alamo Drafthouse.

This property features a well-positioned 1.08-acre lot with high visibility, boasting 22,855 CPD traffic count on S Mason Rd and 1,336 CPD on Winding Hollow Dr. The property includes a sizeable 8,737 SF building with NNN lease agreements, ensuring a steady income stream for investors. Katy Retail offers proximity to major amenities and is just 27 miles from Houston, making it an attractive location for retail or commercial development.

Map:
Documents:
Title
katyretail_PKG.pdf
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Location
Gallery