Listing Agency: eXp Realty LLC

Listed By: Mickey Patel · License #652604 Show Phone

Source: Crexi

Added: Aug 8, 2025 Changed: Oct 8 Last Checked: Oct 16 at 7:33AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This NNN property is subject to a lease executed in early 2024. The current term runs for 5 years and includes 2 additional 5-year renewal options. The agreement also provides for a 2% annual rent increase during the lease term.

Key Highlights

• Lease signed in early 2024
• Initial 5‑year lease term
• 2 additional 5‑year renewal options

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

ABA Therapy of Houston Crisis Center

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155

Businesses Nearby

Explore this area Business Placement

Demographics for 77449, TX

128,180

Population

40,773

Households

3.1

Avg Household Size

32

Median Age

28%

College-Educated

86%

High-School Grad

27.0 sq mi

ZIP Area

4,747

Density / Sq Mi

$85,934

Median Household Income

$42,015

Median Earnings

$1,755

Median Rent

$236,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar For Sale Nearby

See more

Hat Creek Burger Co. Restaurant

2150 S Mason Road, Katy, TX 77450

$4,268,630

View details

Guidepost Global Education NNN Property

21418 Kingsland Blvd, Katy, TX 77450

$6,500,000

View details

McDonald's NNN Property

405 S FRY RD, Katy, TX 77450

Contact for pricing

3,119 SF

View details

Chipotle NNN Property

5830 North Fry Road, Katy, TX 77449

Contact for pricing

2,385 SF

View details

Newly Built Retail Space

4019 Pitts Road, Katy, TX 77493

Contact for pricing

8,962 SF

View details

Convenience Store with Fuel Lanes

3207 Greenhouse Rd, Katy, TX 77449

Contact for pricing

4,240 SF

View details

Leased Bitcoin Mining Facility

2212 Elrod Road, Katy, TX 77449

Contact for pricing

23.22 Acres

View details

Mixed-Use Buildings in Katy, Texas

808 AVENUE B ST, Katy, TX

Contact for pricing

7,544 SF

View details

Drive-Through Restaurant Opportunity

136 Cane Island Parkway, Katy, TX 77494

$2,500,000

1,861 SF

View details

Commercial Land Parcel

6703 Pitts Road, Katy, TX 77493

$2,250,000

18.00 Acres

View details

Unrestricted Tract on Greenbusch Rd

3116 Greenbusch Rd, Katy, TX 77494

$2,120,000

3.00 Acres

View details

Industrial Flex Property with Office

5225 E 5th Street, Katy, TX 77493

$2,000,000

1,800 SF

View details

Frequently Asked Questions

What type of property is this?

NNN property - Existing tenant commitment includes renewal options and annual rent increases under an NNN lease structure.

Where is this nnn property located?

The property is located at 21765 Merchants Way Katy, TX.

What is the asking price?

The asking price for this property is $3,400,000.

What are key features of this property?

This property features: Lease signed in early 2024; Initial 5‑year lease term; 2 additional 5‑year renewal options