Shadow-Anchored Grocery Retail
For Sale
Contact for pricing
Pending
24818 Morton Ranch Rd, Katy, TX 77493
Building B is fully leased and shadow-anchored by H-E-B within a grocery and convenience retail center.
Property Size17,136 SF
Days on Market523
Property Features for 24818 Morton Ranch Rd
General Information
Standard status
Pending
Size
17,136 SF
Class
A
Property subtype
Retail
Occupancy
100%
Investment Type
Core
Building Details
Year Built
2024
Buildings
1
Stories
1
Units
16
Tenancy
Multi
Listing Agency:
JLL - Houston, Texas
Listed By:
Ryan West · License #TX 475762
(713) 852-3535
Source:
Crexi
Added: Apr 1, 2025
Changed: Aug 8
Last Checked: Jul 24 at 8:45AM
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 JLL - Houston, Texas
Investment Insights
Based on property information with market context.
Building B of Market at Katy Park is a 100% leased, 17,136-square-foot H-E-B shadow-anchored shopping center offered for sale. The property is subject to restrictions, covenants and easements under a commercial property declaration and an H-E-B lease memorandum, which affect use and operation of the shopping center and surrounding development. The commercial property owners association created by the declaration has the right to levy assessments for costs described in the declaration. The owner is responsible for maintenance and repair of the building and other improvements within the property.
The center is located on the northeast corner of Katy Hockley Cutoff Rd and Morton Rd in Katy, Texas. The seller is currently in lease with two prospects for the balance of the property.
An interested buyer should conduct a thorough review of title documents covering the property, including all applicable restrictions and easements.
The center is located on the northeast corner of Katy Hockley Cutoff Rd and Morton Rd in Katy, Texas. The seller is currently in lease with two prospects for the balance of the property.
An interested buyer should conduct a thorough review of title documents covering the property, including all applicable restrictions and easements.
Key Highlights
- Building B in Market at Katy Park is fully leased and H‑E‑B shadow‑anchored
- 17,136 SF H‑E‑B shadow‑anchored shopping center (Building B) built in 2024
- Property has 6.8 years of WALT (weighted average tenant lease term)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77493, TX
51,774
Population
20,552
Households
2.5
Avg Household Size
34
Median Age
44%
College-Educated
92%
High-School Grad
61.8 sq mi
ZIP Area
838
Density / Sq Mi
$113,388
Median Household Income
$52,940
Median Earnings
$1,806
Median Rent
$321,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Shopping Center at Morton Ranch — 3111-3115 N Fry Rd, Katy, TX 77449
Frequently Asked Questions
What type of property is this?
Shopping center - Building B is fully leased and shadow-anchored by H-E-B within a grocery and convenience retail center.
Where is this shopping center located?
The property is located at 24818 Morton Ranch Rd Katy, TX.
What are key features of this property?
This property features: Building B in Market at Katy Park is fully leased and H‑E‑B shadow‑anchored; 17,136 SF H‑E‑B shadow‑anchored shopping center (Building B) built in 2024; Property has 6.8 years of WALT (weighted average tenant lease term)
