KFC Katy, TX

908 S Mason Rd
Katy, TX

Price: $1491000
Cap Rate: 5.50%
NOI: $82,000
Building Size: Approx. 2646 Sq. Ft.
Lot Size: Approx. 0.48 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 1988 / 2009

Investment Overview

  • 2,646+/- SF Building on .48+/- Acre Site
  • 20 Year NNN Lease with 10% Rent Bumps Every 5 Years
  • Located along S Mason Rd (47K VPD), just S of I-10 (150K VPD)
  • Near H-E-B, Big Lots!, Jack in the Box, T-Mobile, Smoothie King
  • 5-Miles Southeast of Katy Mills Indoor Mall (1,597,900 S.F)
  • Katy is a fast-growing & affluent community in Houston, Texas
  • Employers: Shell Exploration | Academy Sports + Outdoors| HEB
  • 3-Mile Radius: 2017 Est Pop: 124,419 | Avg HH Income: $124,859
  • Katy is located Approx. 20-Miles W of Downtown, Houston, TX

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