20086 Franz RdKaty, TX 77449
High-Yield Katy Warehouse, 7,200 SF
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 7,200 SF flex/warehouse building on a 3.02-acre lot in Katy, TX (77449).
- 22-foot ceiling height and 79 parking spaces.
- Strong NOI of $187,164 (8.14% cap rate), pro-forma NOI of $210,444 (9.15% cap rate).
- Asking price: $2,299,000; Seller financing available with 40% down payment.
- Two tenants on month-to-month leases, willing to extend for five years.
- Income-producing truck parking generating $12,875 monthly rent.
Property Details for 20086 Franz Rd
- Property type
- Other warehouses, Other industrial properties
- Square Feet
- 7,200 SF
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 131,638 SF
Location Insight
- City
- Katy
- County
- Harris
- State
- Texas
- Latitude
- 29.8044329
- Longitude
- -95.7323269
Nearby Similar for Sale
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