For Sale
$1,226,000

20919 Kingsland Blvd Katy, TX 77450

Katy, TX Office Space - $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Katy, Texas office building, located at 20919 Kingsland Boulevard, presents a compelling investment opportunity. The 2,400 square foot property, built in 2003, sits on a 0.2-acre lot (APN 1246860010002) and offers flexible space suitable for creative, medical, or traditional office uses, as well as retail. Currently 100% occupied under a NNN lease with a remaining term of approximately 1.9 years (lease expiration 10/08/2026), the property boasts a strong NOI of $73,560 and a 6.00% cap rate. The asking price is $1,226,000 ($30.65/sq ft). Its prime location, minutes from I-10 and the Grand Parkway (99), ensures high visibility and convenient access. Ample on-site parking and ADA-compliant facilities enhance its appeal. The surrounding area features thriving businesses, retail centers, and residential communities, creating a robust customer base. This property is an ideal investment for those seeking a stable, high-performing asset in a rapidly growing market. The building is a single-tenant structure with a 10-year lease commencing October 8, 2016. The property's excellent location in Katy, Texas, a community known for its strong economy and vibrant atmosphere, further enhances its investment potential.

Highlights

  • 2,400 SF office building in Katy, TX on a 0.2-acre lot.
  • Built in 2003, currently 100% occupied with a NNN lease expiring 10/08/2026 (1.9 years remaining).
  • Strong NOI of $73,560 and a 6.00% cap rate; asking price $1,226,000 ($30.65/SF).
  • Prime location near I-10 and Grand Parkway (99), with ample on-site parking and ADA compliance.
  • Located in a thriving Katy, TX area with strong economy, excellent schools, and diverse customer base.

Property Details for 20919 Kingsland Blvd

Property type
Retail properties, Office properties
Square Feet
2,400 SF
Year Built
2003
Buildings
1
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.775924
Longitude
-95.7367894

FAQs

What type of property is this?
Retail property - Katy, TX Office Space - $1.2M
Where is the retail property located?
The property is located at 20919 Kingsland Blvd Katy, TX.
What is the asking price?
The asking price for this property is $1,226,000.
What are key features of this property?
This property features: 2,400 SF office building in Katy, TX on a 0.2-acre lot.; Built in 2003, currently 100% occupied with a NNN lease expiring 10/08/2026 (1.9 years remaining).; Strong NOI of $73,560 and a 6.00% cap rate; asking price $1,226,000 ($30.65/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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20919 Kingsland Blvd
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