11999 Katy FwyHouston, TX 77079

This exceptional investment opportunity presents a six-story, 104,825-square-foot Class B office building situated on 3.24 acres of land in Houston's Energy Corridor. Boasting 86% occupancy, the property generates a strong net operating income (NOI) of $758,000, translating to an attractive 8.5% capitalization rate. Built in 1980, the multi-tenant building offers a compelling price per square foot of $85.86. The land itself holds significant value, with a price per square foot of $63.76. The property enjoys a prime location along the Katy Freeway (I-10), benefiting from exceptional visibility and access, with daily traffic counts exceeding 312,787 vehicles. Its strategic position near major dealerships and Class A office space in the Energy Towers further enhances its appeal. The property is located outside the 500-year flood plain. This offering presents a rare chance to acquire a cash-flowing asset with substantial covered land potential in a highly sought-after location. The asking price is $9,000,000.