19214 Clay Rd - Freestanding FOR SALE


Katy, TX 77449
$5,600,000 USD
281-755-2836
19214 Clay Rd, Katy, TX for Sale
$5,600,000 USD
Freestanding - FOR SALE
1/9
null | 8.88% Cap Rate

19214 Clay Rd
Katy, TX 77449


HIGHLIGHTS

  • 96% occupied retail center with strong tenant mix and a national tenant anchor
  • Long-term, committed tenants
  • Prime location with exposure to 55K+ vehicles per day
  • Two national tenants, Subway & PostNet

OVERVIEW

Grey Realty is pleased to offer the Clay Center Plaza multi-tenant retail center located at 19214 Clay Road in Katy, TX (the "Property"). Clay Center Plaza is a 41,800 SF multi-tenant retail center that is currently 100% occupied with long-term, stable tenants including 2 national tenants, Subway & PostNet. The retail center was originally constructed in 1984, and underwent significant renovations in 2021, including a new roof and façade. The property is located along the intersection of Clay Road and Greenhouse Road with strong exposure to 55,000 vehicles per day.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

8.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clay Plaza Center | 100% Leased | 55K VPI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

None

APN/PARCEL ID

0480600000014

ASK ABOUT THIS PROPERTY

Priyesh PatelGrey RealtyMore Info
281-755-2836

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Priyesh PatelGrey RealtyMore Info
281-755-2836

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.