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