20621 Westheimer Pkwy Katy, TX 77450

Building Details

Year Built

2020

Listing agency GARY GREENE COMMERCIAL PROPERTIES

Listed by Richard Lin · License #TX 769387

Source Crexi

Added: Jan 9, 2024 Updated: Jul 6 at 7:59AM Checked: Jul 20 at 5:11AM

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Investment Insights

Based on property information with market context.

Constructed in 2020, this commercial property is located at the intersection of Westheimer and S Fry Rd in Cinco Ranch, Katy, TX. Currently operating as a dance studio, the property offers a flexible layout that can be repurposed for retail, flex space, or office use. The building features a contemporary design and high-end finishes, creating an upscale environment suitable for various businesses. Large windows enhance its suitability as a showroom. The property is equipped with an elevator, ensuring accessibility. The current tenant, a dance studio owner with a 15-year history, is committed to remaining on-site for an additional five years, providing a dependable income stream. The property offers a competitive Capitalization Rate, reflecting the stability and income potential of the current lease. Positioned across the street from McMeans Junior High School, the property benefits from a consistent flow of potential clients and customers. The property size is 4584 square feet.

Key Highlights

• Stable income stream with a 5‑year lease from a successful tenant.
• Prime location at the intersection of Westheimer and S Fry Rd, across from McMeans Junior High.
• Adaptable usage for retail, flex space, or office, with a flexible layout.

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FAQs

What type of property is this?

Mixed-use property - Adaptable commercial property with stable income stream in prime location.

Where is this mixed-use property located?

The property is located at 20621 Westheimer Pkwy Katy, TX.

What are key features of this property?

This property features: Stable income stream with a 5‑year lease from a successful tenant.; Prime location at the intersection of Westheimer and S Fry Rd, across from McMeans Junior High.; Adaptable usage for retail, flex space, or office, with a flexible layout.