Turnkey Endcap Coffee
For Sale
Contact for pricing
23227 Mercantile Pkwy, Katy, TX 77449
Turnkey boba and tea end-cap with full glass frontage, kiosks, beverage assembly bar, prep kitchen, and included POS.
Property Size1,812 SF
Price / SF$193.16
Days on Market168
Property Features for 23227 Mercantile Pkwy
General Information
Standard status
Active
Size
1,812 SF
Class
A
Property subtype
Business for Sale
Zoning
commercial, residential
Additional Details
Business Included
Yes
Listing Agency:
Welcome Home Rea Estate LLC
Listed By:
Denise Crawford · License #TX0485712
Source:
Crexi
Added: May 9
Changed: Oct 16
Last Checked: Oct 23 at 6:48AM
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 Welcome Home Rea Estate LLC
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Investment Insights
Based on property information with market context.
This turnkey restaurant suite operates as a Tastea boba and tea concept and is offered for sale. The space is a premium end-cap configuration with full glass frontage and a modern, brand-current build-out. Interior features include self-order kiosks, a full beverage assembly bar, a walk-in cooler, a prep kitchen, and Toast POS included free and clear of any installed debt. The listing also notes a 4.8-star Google rating across 200+ reviews under the Tastea brand.
The property is located at 23227 Mercantile Pkwy in Katy, Texas. The remarks describe the site as being at a premier retail node at I-10 / Grand Parkway 99 and surrounded by Cinemark, Academy Sports, Katy Grand, and UKaty.
The sale is described as clean, with landlord pre-approval for lease assignment. The seller also offers seller financing and notes availability of seller financing to support an SBA 7(a) acquisition, subject to confidentiality requirements prior to release of detailed financials.
The property is located at 23227 Mercantile Pkwy in Katy, Texas. The remarks describe the site as being at a premier retail node at I-10 / Grand Parkway 99 and surrounded by Cinemark, Academy Sports, Katy Grand, and UKaty.
The sale is described as clean, with landlord pre-approval for lease assignment. The seller also offers seller financing and notes availability of seller financing to support an SBA 7(a) acquisition, subject to confidentiality requirements prior to release of detailed financials.
Key Highlights
- Established Tastea boba and tea franchise with a 4.8‑star Google rating across 200+ reviews
- Turnkey 1,812 SF premium end‑cap suite with full glass frontage at Katy’s I‑10 / Grand Parkway 99 retail node
- Brand‑current build‑out includes self‑order kiosks, full beverage assembly bar, walk‑in cooler, and prep kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,297
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,940
$525.9K
Cap Rate 7%
$375,671
$375.7K
Cap Rate 9%
$292,189
$292.2K
Market Conditions
NOI Build-Up for 1,812 SF
Gross rent
$37.2K $20.52/SF
− Vacancy
−$2.1K −$1.17/SF
EGI
$35.1K $19.35/SF
− OpEx
−$8.8K −$4.84/SF
NOI
$26.3K $14.51/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,940
Cap Rate 7%
$375,671
Cap Rate 9%
$292,189
Alternative Uses
Best Use
Specialty Retail
$375.7K
$328.7K – $438.3K
NOI $26,297 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.8K
$432.9K – $577.2K
NOI $34,634 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- No Yogurt — 94 W Grand Pkwy S STE 260, Katy, TX 77494
- Besties Café — 94 W Grand Pkwy S STE 260, Katy, TX 77494
- Old Katy Coffee — 24275 katy fwy suite 400, katy, tx 77494
- Wushiland Boba — 23333 Grand Cir Blvd ste 130, Katy, TX 77449
- The Alley — 23220 Grand Cir Blvd Ste 130, Katy, TX 77449
Frequently Asked Questions
What type of property is this?
Coffee shop - Turnkey boba and tea end-cap with full glass frontage, kiosks, beverage assembly bar, prep kitchen, and included POS.
Where is this coffee shop located?
The property is located at 23227 Mercantile Pkwy Katy, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established Tastea boba and tea franchise with a 4.8‑star Google rating across 200+ reviews; Turnkey 1,812 SF premium end‑cap suite with full glass frontage at Katy’s I‑10 / Grand Parkway 99 retail node; Brand‑current build‑out includes self‑order kiosks, full beverage assembly bar, walk‑in cooler, and prep kitchen
