For Sale
$1,450,000

5505 Highway BlvdKaty, TX 77494

High-traffic location, strong income stream.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fee-simple ownership of a thriving, dual-use commercial property in Katy, Texas. Located on Hwy 90, this 0.33-acre lot boasts two buildings totaling 5,000 square feet, currently operating at 100% occupancy. The property features a modern Sunoco-branded gas station with eight pumps, including the only diesel fuel option in the immediate area. The 2,000-square-foot convenience store includes space for a deli and a check-cashing booth, both currently available for lease. The property also includes a 3,000-square-foot tire shop operating under a 10-year lease with a 10% rent increase option, generating $7,000 monthly income. Built in 1986 and extensively renovated in 2022, this Class B property benefits from high visibility on Hwy 90, with over 17,000 vehicles passing daily. IMST projections estimate $50,000 in inside sales and 50,000 gallons of gas sold monthly. The property's strategic location near major residential developments (Cane Island), industrial centers (Amazon, Costco distribution centers), and the MKT Railroad Museum ensures consistent customer traffic. The property is zoned commercial, offering flexibility for various uses, including but not limited to auto dealerships, liquor stores, daycare centers, medical facilities, or warehouses. The asking price is $1,450,000, representing a price per square foot of $290. This turnkey operation presents a compelling opportunity for owner-users or investors seeking a strong return on investment in a high-growth market.

Highlights

  • $1,450,000 asking price for a 5,000 SF retail property in Katy, TX.
  • Sunoco-branded gas station and tire shop on 0.33 acres, with 8 gas pumps.
  • 100% occupancy with a 3,000 SF leased tire shop (5+5 year lease at $7,000/month with 10% rent increases).
  • Includes a 2,000 SF convenience store with potential for deli and check cashing.
  • Built in 1986, renovated in 2022, with two 1-story buildings.

Property Details for 5505 Highway Blvd

Property type
Retail properties, Gas stations
Square Feet
5,000 SF
Class
B
Year Built/Renovated
1986/2022
Buildings
2
Stories
1
Lot Size (sq. ft)
14,375 SF
Units
6

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.785696595064
Longitude
-95.820194378125
5505 Highway Blvd, Katy, Texas

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5505 Highway Blvd
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