Katy TX Nec Morton Rd & Katy Hockley Cutoff Rd Katy, TX 77493
High-yield McDonald's investment. Prime Katy location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 20-year absolute NNN ground lease with McDonald's; zero landlord responsibilities.
- H-E-B anchored pad site; only H-E-B within a 3-mile radius.
- High demand; $135,000+ average household income within 1 mile and 177% population growth since 2010.
- Adjacent to Katy Park, a 100-acre sports complex attracting over 700,000 annual visitors.
- Strong tenant; McDonald's, a globally recognized brand.
- High residential growth; over 6,000+ apartment leases in Katy since 2021.
Property Details for Katy TX Nec Morton Rd & Katy Hockley Cutoff Rd
- Property type
- Retail properties
- Square Feet
- 3,686 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 67,082 SF
Location Insight
- City
- Katy
- County
- Harris
- State
- Texas
- Latitude
- 29.8168022
- Longitude
- -95.8091322
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield McDonald's investment. Prime Katy location.
- Where is the retail property located?
- The property is located at Katy TX Nec Morton Rd & Katy Hockley Cutoff Rd Katy, TX.
- What is the asking price?
- The asking price for this property is $3,470,000.
- What are key features of this property?
- This property features: 20-year absolute NNN ground lease with McDonald's; zero landlord responsibilities.; H-E-B anchored pad site; only H-E-B within a 3-mile radius.; High demand; $135,000+ average household income within 1 mile and 177% population growth since 2010.
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