Three-Building Flex
For Sale
Contact for pricing
Pending
23115 Morton Ranch Rd, Katy, TX 77449
U-shaped flex property with retail, office, and warehouse functionality is fully leased under NNN agreements.
Property SizeContact for details
Days on Market143
Property Features for 23115 Morton Ranch Rd
General Information
Standard status
Pending
Property subtype
Industrial, Mixed Use, Retail
Listing Agency:
Grey Realty
Listed By:
Veronica Grey · License #TX 777980
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Sep 1 at 1:41AM
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 Grey Realty
Investment Insights
Based on property information with market context.
The property consists of three flex buildings arranged in a U-shaped plan, with each building measuring approximately 9,890 sf. The layout supports a combination of retail, office, and warehouse functions within the overall business park configuration. All three buildings were completed in 2023.
Located at 23115 Morton Ranch Rd in Katy, Texas, the property is 100% leased across five tenants. Leases are structured on an NNN basis and include personal guarantees, providing defined lease terms across the existing tenancy. The offering combines newer construction with a multi-building flex format and established occupancy.
Located at 23115 Morton Ranch Rd in Katy, Texas, the property is 100% leased across five tenants. Leases are structured on an NNN basis and include personal guarantees, providing defined lease terms across the existing tenancy. The offering combines newer construction with a multi-building flex format and established occupancy.
Key Highlights
- 3 buildings of +/- 9,890 sf each
- U‑shaped layout supports retail‑office‑warehouse flex use
- Built in 2023
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - U-shaped flex property with retail, office, and warehouse functionality is fully leased under NNN agreements.
Where is this flex space located?
The property is located at 23115 Morton Ranch Rd Katy, TX.
What are key features of this property?
This property features: 3 buildings of +/- 9,890 sf each; U‑shaped layout supports retail‑office‑warehouse flex use; Built in 2023
