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5505 Highway Blvd

5,000 SF 100% Leased Retail Building Katy, TX 77494 £1,065,150 (£213/SF)

Investment Highlights

  • Heavy traffic, not in flood zone, busy commercial zone, ideal area for corporate structure.
  • Rental income
  • 0.43 acres of land in prime location in Katy, TX
  • Opportunity to repurpose existing business

Executive Summary

0.41 acres land for sale. SEC of Hwy 90 and Pin Oak Rd
Property can be accessed by two cuts on Hwy 90 and East Avenue
Located minutes away from I-10 , Zoned to Katy Independent School District.
Property has two commercial structures: a 3,000 sq ft tire shop currently under a secure 5-year lease and a 2,000 sq ft gas station (currently operated by owner/partner). Tire Shop lease provides immediate income and stability, while the gas station offers potential for continued operation or flexible repurposing. The strategic location and adaptable layout create a unique opportunity to leverage existing infrastructure and explore diverse commercial ventures.
Buyer has an option to continue the gas station business or rent the space out at market rate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1991/2000
Price
£1,065,150
Price Per SF
£213
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.28
Land Acres
0.41 AC
Zoning
Commercial - Commercial zoning based on latest information.
Parking
5 Spaces (1 Space per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

Prosperity Bank
La Michoacana Meat Market
Bank of America
Teriyaki Madness
CrossFit
Amegy Bank
Red Lobster
Denny's
Starbucks
H-E-B
  • Listing ID: 31695074

  • Date on Market: 03/05/2024

  • Last Updated:

  • Address: 5505 Highway Blvd, Katy, TX 77494

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