713-852-3535
24924 Morton Ranch Rd, Katy, TX for Sale
Supermarket - FOR SALE
1/9
null | Request Cap Rate

24924 Morton Ranch Rd
Katy, TX 77493
Bear Creek/Copperfield


HIGHLIGHTS

  • 108% Population Growth 2010-2024 within a 5-mile radius
  • Future residential development slated to add an additional 25,000 homes
  • Adjacent to Katy Park, inclusive of 17 soccer fields and 15 baseball and softball fields
  • All shop space tenants have annual increases throughout their term

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer the opportunity to acquire Market at Katy Park (the “Property”), a 100% leased, 158,171 square foot H-E B grocery-anchored shopping center located in the flourishing Katy suburb of Houston, Texas. Anchor H-E-B is the preeminent grocer in Texas, with 430+ locations in the U.S. and Mexico, and was rated as the #1 grocer in the U.S. in 2024. Located on the northeast corner of Katy Hockley Cutoff Rd and Morton Rd, Market at Katy Park is competitively positioned to grow its presence as West Houston’s preeminent grocery-anchored shopping destination. With 16.2 years of WALT, an HEB anchor, two strip centers, and a diverse mix of credit and national tenancy, Market at Katy Park provides investors with secure bondable cash flow in one of Texas’ fastest growing trade areas.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.8 AC

LAND SF

731,808 SF

ZONING

-

APN/PARCEL ID

0472270000002

ASK ABOUT THIS PROPERTY

Ryan WestJLLMore Info
713-852-3535

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Ryan WestJLLMore Info
713-852-3535

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