24818 Morton Ranch Rd Katy, TX 77493

Building Details

Year Built

2024

Listing agency JLL - Houston, Texas Show Phone

Listed by Ryan West · License #TX 475762

Source Crexi

Added: Apr 1, 2025 Updated: Jul 20 at 8:27PM Checked: Jul 21 at 11:18AM

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Investment Insights

Based on property information with market context.

Building B of Market at Katy Park is a 100% leased, 17,136-square-foot H-E-B shadow-anchored shopping center offered for sale. The property is subject to restrictions, covenants and easements under a commercial property declaration and an H-E-B lease memorandum, which affect use and operation of the shopping center and surrounding development. The commercial property owners association created by the declaration has the right to levy assessments for costs described in the declaration. The owner is responsible for maintenance and repair of the building and other improvements within the property.

The center is located on the northeast corner of Katy Hockley Cutoff Rd and Morton Rd in Katy, Texas. The seller is currently in lease with two prospects for the balance of the property.

An interested buyer should conduct a thorough review of title documents covering the property, including all applicable restrictions and easements.

Key Highlights

• Building B in Market at Katy Park is fully leased and H‑E‑B shadow‑anchored
• 17,136 SF H‑E‑B shadow‑anchored shopping center (Building B) built in 2024
• Property has 6.8 years of WALT (weighted average tenant lease term)

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FAQs

What type of property is this?

Shopping center - Building B is fully leased and shadow-anchored by H-E-B within a grocery and convenience retail center.

Where is this shopping center located?

The property is located at 24818 Morton Ranch Rd Katy, TX.

What are key features of this property?

This property features: Building B in Market at Katy Park is fully leased and H‑E‑B shadow‑anchored; 17,136 SF H‑E‑B shadow‑anchored shopping center (Building B) built in 2024; Property has 6.8 years of WALT (weighted average tenant lease term)