Newly Renovated Fogo de
222 W Grand Pkwy S, Katy, TX 77494
NNN leased Fogo de Chao in Katy, Texas for sale.
Type:Retail
Property size:
8,573 SFPrice / SF:
$933/SF- Added:
- Jan 21, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 222 W Grand Pkwy S
General Information
- Standard status
- Active
- Size
- 8,573 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agent Patrick R. Luther, CCIM License #CA License No. 01912215
Listing office SRS Real Estate Partners Newport Beach
Listing date Jan 21, 2026
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- Brand new 15‑year NNN lease with Fogo de Chao, demonstrating long‑term commitment.
- Strategic location off Interstate 10 with high traffic volume (over 215,000 vehicles daily).
- Located in an affluent area with a 5‑mile average household income of $141,288.
- NNN lease structure with minimal landlord responsibilities, ideal for passive investment.
- 10% rental increases every 5 years, providing growing NOI and inflation hedge.
- Adjacent to Costco Wholesale and in close proximity to Katy Mills (1.6 million+ sq ft retail), benefiting from strong consumer traffic.
Overview
This is a fee simple interest (land & building ownership) in a NNN leased, newly-renovated Fogo de Chao investment property located in Katy, Texas (Houston MSA). The tenant, Fogo de Chao Churrascaria (Katy) LLC, recently signed a brand new 15-year lease with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is NNN with minimal landlord responsibilities. The property is located right off of Interstate 10, where over 215,000 vehicles pass by daily. The Fogo de Chao is adjacent to a 150,000+ square foot Costco Wholesale and within walking distance to several apartment complexes, including Soneto on Western (330 units) and Encore Motif (240 units). It is also in close proximity to Katy Mills, featuring over 1.6 million square feet of retail space. The property is in the center of a primary retail corridor with other nearby national tenants including a Walmart Supercenter, H-E-B, Kohl’s, Academy Sports & Outdoors, Ross, PetSmart, and Buc-ee’s. The 5-mile trade area is supported by a population of over 298,900 residents and 81,000 employees. Residents within 5 miles of the subject property boast an average household income of $141,288. The property size is 8,573 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Harris County Smokehouse
Restaurant
Location Insight
- Map
- Local Demand
- City
- Katy
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.778752
- Latitude
- 29.775855
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - NNN leased Fogo de Chao in Katy, Texas for sale.
Where is this nnn property located?
The property is located at 222 W Grand Pkwy S Katy, TX.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Brand new 15‑year NNN lease with Fogo de Chao, demonstrating long‑term commitment.; Strategic location off Interstate 10 with high traffic volume (over 215,000 vehicles daily).; Located in an affluent area with a 5‑mile average household income of $141,288.
