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Three-Story Office Building with Patio
For Lease
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21920 Merchants Way, Katy, TX 77449

Newer three-story office building with outdoor patio, conference room, and covered garage parking.

Space Size44,408 SF
Lot Size10.88 Acres
Days on Market131

Property Features for 21920 Merchants Way

General Information

Standard status Active
Size 44,408 SF
Total Parking Spaces 394
Lot size 10.88 Acres
Property subtype OFFICE

Building Details

Year Built 2013
Stories 3

Spaces For Lease

at 21920 Merchants Way Contact us

Newpark Technology Center

Size
44,408 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE
BUILDING SIZE: ±108,420 SF LAND AREA: ±10.88 AC YEAR BUILT: 2013 FLOORS: 3 BUILDING...
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Listing Agency: Colliers - The Woodlands
Listed By: Norman Munoz · License #388377
Source: Moodyscre
Added: Apr 22 Changed: Aug 23 Last Checked: Aug 29 at 10:49AM

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 Colliers - The Woodlands

Investment Insights

Based on property information with market context.

A three-story office building constructed in 2013 offering a 24,610 SF floorplate and a building total of approximately 108,420 SF. The lobby features a two-story entry with a living wall and fountain, and the building includes a conference room. On-site amenities include a lakeside retreat, micro market, outdoor courtyard with a water feature, a 3rd-floor outdoor patio, and building signage.

Parking is available with 3.32 spaces per 1,000 RSF, including 360 spaces plus 34 guest spaces. The property also offers covered garage parking and a two-story lobby experience, with “highly accessible” design called out in the remarks. The building is located at 21920 Merchants Way in Katy, Texas, with a total land area of approximately 110.88 acres.

Key Highlights

  • Newer 3‑story office building built in 2013 with ±108,420 SF
  • Land area of ±10.88 AC with ±24,610 SF building floorplate
  • Covered garage parking plus 360 total parking spaces and 34 guest spaces

Property Analytics

Current Use

Newpark Drilling Fluids Construction Company Ocean Ridge Litigation ... Law Firm Excalibar Minerals LLC Industrial Manufacturer Core Group Resources Consultant

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Restaurant (Bike/Boat/Book/etc) Store Food Market

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Newer three-story office building with outdoor patio, conference room, and covered garage parking.
Where is this office building located?
The property is located at 21920 Merchants Way Katy, TX.
What are key features of this property?
This property features: Newer 3‑story office building built in 2013 with ±108,420 SF; Land area of ±10.88 AC with ±24,610 SF building floorplate; Covered garage parking plus 360 total parking spaces and 34 guest spaces
(713) 830-2136 Call to check price and availability
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