2910 N Mason Rd - Warehouse FOR SALE


Katy, TX 77449
$3,600,000 USD
281-994-5700
2910 N Mason Rd, Katy, TX for Sale
$3,600,000 USD
Warehouse - FOR SALE
1/11
null | 6.95% Cap Rate

2910 N Mason Rd
Katy, TX 77449


HIGHLIGHTS

  • New development
  • 100% occupied,
  • located in a vibrant area of Katy
  • High CAP
  • Right off major intersection of Mason and Morton Rd.

OVERVIEW

The property boasts a robust cap rate of 7%, Strategically positioned at the junction of N Mason Rd and Morton Rd, it offers excellent access to Grand Parkway 99 (approximately 1 mile away) and I-10 (about 3 miles away). Comprising three buildings and 14 units, with one tenant occupying three units, the property offers a diverse leasing arrangement. The location, notably in the rapidly growing Grand Parkway West area, has witnessed substantial residential real estate development. The influx of professional residents seeking space for their small businesses has created high demand for industrial/flex office warehouse spaces. The property is a solid investment prospect due to its strategic location, full occupancy, desirable tenant mix, and the strong demand stemming from the thriving local market conditions.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

6.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.25

LAND SF

54,450

ZONING

-

APN/PARCEL ID

1299910010003,1299910010008

ASK ABOUT THIS PROPERTY

Adel HazimRE/MAX GrandMore Info
281-994-5700

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Adel HazimRE/MAX GrandMore Info
281-994-5700

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