Turnkey Endcap Coffee
23227 Mercantile Pkwy Katy, TX 77449
23227 Mercantile Pkwy, Katy, TX, 77449
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For Sale
Contact for pricing
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 Market74
Property Features for 23227 Mercantile Pkwy
General Information
- Standard status
- Active
- Size
- 1,812 SF
- Property subtype
- Business for Sale
Listing agency
REALM Real Estate Professionals
Listed by
Andrew DeRESTREPO · License #TX-
Source
Crexi
Added: May 9 Updated: Jul 20 at 4:36PM Checked: Jul 20 at 4:36PM
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 REALM Real Estate Professionals
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
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $20.52 |
| − Vacancy | −$2.1k | −$1.17 |
| EGI | $35.1k | $19.35 |
| − OpEx | −$8.8k | −$4.84 |
| NOI | $26.3k | $14.51 |
1,812 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
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
Multifamily LT 5
$22.57M
$19.75M – $26.34M
NOI $1,580,116 @ 7.0% cap · market cap 451.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lava Coffee
Cafe & Coffee Shop
Shing Ya Izakaya
Restaurant
Love Letter Pizza ...
Restaurant
Fire N Ice ...
Restaurant
UHV-Katy
High School
Similar For Sale Nearby
Similar Off Market Nearby
- Old Katy Coffee — 24275 katy fwy suite 400, katy, tx 77494
- Besties Café — 94 W Grand Pkwy S STE 260, Katy, TX 77494
- The Alley — 23220 Grand Cir Blvd Ste 130, Katy, TX 77449
- No Yogurt — 94 W Grand Pkwy S STE 260, Katy, TX 77494
- Wushiland Boba — 23333 Grand Cir Blvd ste 130, Katy, TX 77449
FAQs
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
