21765 Merchants Way - Health Care FOR SALE


Katy, TX 77449
$3,500,000 USD
832-244-6830
21765 Merchants Way, Katy, TX for Sale
$3,500,000 USD
Health Care - FOR SALE
1/6
null | 5.72% Cap Rate

21765 Merchants Way
Katy, TX 77449


HIGHLIGHTS

  • High Traffic Area
  • Newly Signed Tenant-5 Year Lease
  • Newer Building
  • NNN Tenant

OVERVIEW

Current tenant signed a 5 year lease in early 2024 with 2 (5 year term) renewals. Leased at $25/psf/year with NNN with 2% rent annual increase.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Building-Katy

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

1370610010009

ASK ABOUT THIS PROPERTY

Mickey PatelMPR GroupMore Info
832-244-6830

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Mickey PatelMPR GroupMore Info
832-244-6830

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