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Commons at Jordan Ranch 2340 Texas Heritage Pky

19,575 SF 100% Leased 4-Star Retail Building Katy, TX 77494 £8,218,822 (£420/SF) 6% Net Initial Yield

Investment Highlights

  • Unparalleled integration in Houston’s latest affluent and family oriented master-planned community
  • New pedestrian friendly development offers high foot traffic
  • Located on major north/south thoroughfare; Texas Heritage
  • Placed approximately 4 miles west of existing retail to ensure the absorption of Katy’s growth
  • Unrivaled growth metrics with the upcoming construction of new master planned communities

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
19,575 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
£8,218,822
Price Per SF
£420
Net Initial Yield
6%
NOI
£493,129
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Land Acres
1.45 AC
Zoning
n/a

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0100-00-000-0500-901
Land Assessment
£1,352,414
Improvements Assessment
£2,253,099
Total Assessment
£11,266,067
  • Listing ID: 29657165

  • Date on Market: 29/09/2023

  • Last Updated:

  • Address: 2340 Texas Heritage Pky, Katy, TX 77494

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