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26077 Nelson WayKaty, TX 77494

High-Cap Rate Office Condo in Katy, TX

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1,225 square foot Class B office condo in Katy, Texas, presents a compelling net lease investment opportunity. Located at 26077 Nelson Way, this single-tenant property boasts a 7.74% cap rate and a remaining lease term of two years, secured in 2022. The property features three spacious private offices, a sizable conference room (suitable as a fourth office), a private restroom, a kitchenette, and a dedicated HVAC system. Its convenient location near the FM 1463 and I-10 Freeway junction provides excellent accessibility and visibility within a thriving commercial area, ensuring high tenant appeal. The building's modern design and amenities, including a private entrance and ample storage, make it ideal for a variety of professional uses, from traditional office space to medical or personal care businesses. The property's strong rental income potential, coupled with its strategic location and current 100% occupancy, makes it an attractive investment for those seeking a stable and high-yielding asset. The building offers 24/7 access and is situated in Fort Bend County, Texas, zip code 77494. This turnkey investment is ready for immediate income generation. The property's features include a private entrance, private restroom, and private HVAC system. The building also includes a utility and storage closet.

Highlights

  • Corner unit at FM 1463 and I-10 intersection.
  • Features three large private offices plus a large conference room (suitable as a fourth office).
  • Private restroom, HVAC, and entrance.
  • Fully occupied with a stable tenant under a recently renewed two-year lease.
  • 7.74% CAP rate.
  • 1,225 square feet with ample storage.

Property Details for 26077 Nelson Way

Property type
Office properties, Medical offices
Square Feet
1,225 SF
Class
B
Year Built
2022

Location Insight

City
Katy
County
Fort Bend
State
Texas
Latitude
29.775930422942
Longitude
-95.829905029224
26077 Nelson Way, Katy, Texas

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26077 Nelson Way
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