19304 Katy FwyHouston, TX 77084

Property Details for 19304 Katy Fwy

Year built

2024

Lot size

2.00 AC

Property size (Sq ft)

14,000 SF

Property type

Healthcare properties

Property subtype

Lifestyle centers

Description

This exceptional 14,000 square foot medical and retail building, constructed in 2024, is situated on a 2-acre lot at 19304 Katy Fwy, Houston, TX 77084, in Harris County. The multi-tenant property boasts 63 parking spaces and currently has 29% occupancy. A significant anchor tenant, Excel Urgent Care, occupies a portion of the space under a 10-year lease with a 3% annual rent increase. This presents a compelling opportunity for an owner-user or investor seeking a value-add proposition. The property enjoys a prime location on Interstate 10, benefiting from high traffic volume exceeding 200,000 vehicles per day at Greenhouse Road (nearly 28,000 VPD). Its proximity to Houston's Energy Corridor, a major business district housing over 20% of Houston's Fortune 500 companies, further enhances its appeal. The surrounding area features a vibrant mix of established businesses, including Shake Shack, CAVA, Tim Horton's, Ideal Dental, At Home, LA Fitness, and numerous restaurants. A forthcoming Plucker's Wing Bar adds to the growing commercial activity. The property benefits from a high average household income exceeding $100,000 within 1, 3, and 5-mile radii. The asking price for this strategically located property is $8,000,000.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7862

Longitude

-95.708

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