4846 FM 1463 Rd - Storefront FOR SALE


Katy, TX 77494
$12,697,000 USD
415-481-0788
4846 FM 1463 Rd, Katy, TX for Sale
$12,697,000 USD
Storefront - FOR SALE
1/6
null | 6.25% Cap Rate

4846 FM 1463 Rd
Katy, TX 77494


HIGHLIGHTS

  • Leased retail shops within high-performing H-E-B center within the Houston MSA
  • Located in Fulshear, TX, The Market at Cross Creek Ranch greatly benefits from a strong income trade area with average household incomes over $200,000
  • H-E-B-anchored shopping center situated at the entrance to master-planned community Cross Creek Ranch and adjacent to two newly constructed schools
  • Within walking distance from Cross Creek Ranch, a 3,200-acre master-planned community with 7,332 projected homes
  • The Market at Cross Creek Ranch is easily accessible at the signalized corner of Farm to Market 1463 Road and Fulshear Bend Drive
  • The Market at Cross Creek Ranch is located in a densely populated community with more than 530,000 residents living within a 10-mile radius

OVERVIEW

The Market at Cross Creek Ranch is strategically located in the bustling community of Fulshear, surrounded by densely populated master-planned residential communities and well-attended schools. Located along Farm to Market 1463 Road, the property benefits from its close proximity to Cross Creek Ranch (a master-planned community boasting 7,300+ homes) as well as Jordan High School and Joe M. Adams Junior High School (highly-acclaimed Katy ISD schools with 4,800+ students enrolled). 530,107 residents live within 10 miles of the property, establishing a strong and reliable customer base. Fulshear’s rapid population growth has also sparked a surge in residential development, making it one of the most highly sought-after communities in the region. The site maintains beneficial proximity to Houston, the most populous city in Texas and fourth most-populous city in the U.S. with a population of 2,305,889. Houston is recognized worldwide for its energy industry and recently has become a growing hub for technology startup firms, providing a strong market in an income-tax-free state with many opportunities in diverse industries. Home to 26 Fortune 500 companies, Houston is also a strategic location for thousands of companies, including ExxonMobil, Sysco, and Hewlett Packard Enterprise.

FOR SALE DETAILS

PRICE

$12,697,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cross Creek Ranch Phase 2

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

186

LAND DETAILS

LAND ACRES

8.65 AC

LAND SF

376,866 SF

ZONING

-

APN/PARCEL ID

0321-00-003-0352-914

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

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