Multi-Tenant Retail
For Sale
Contact for pricing
29711 Kingsland Boulevard, Brookshire, TX 77423
Newer, fully leased retail center positioned off a main north-south Katy thoroughfare.
Property Size14,784 SF
Price / SF$468.21
Days on Market62
Property Features for 29711 Kingsland Boulevard
General Information
Standard status
Active
Size
14,784 SF
Total Parking Spaces
60
Property subtype
Retail
Zoning
COM
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$452,353
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.54%
Building Details
Year Built
2019
Units
5
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Houston
Listed By:
Gus Lagos · License #TX 419197
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 10 at 5:55AM
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 Marcus & Millichap - Houston
Investment Insights
Based on property information with market context.
Shops at Young Ranch is a 100 percent occupied, multi-tenant retail center built in 2019. The property totals 14,784 square feet and is being offered for sale as a stabilized, in-place retail investment.
The center is located at 29711 Kingsland Boulevard in Katy, Texas, directly off Texas Heritage Parkway, described as the primary north-south thoroughfare off Interstate 10. It is surrounded by three master-planned communities totaling over 7,000 homes, including Jordan Ranch (3,000 planned), Young Ranch (1,000 planned), and Firethorne (3,000+). A forthcoming Texas Heritage Marketplace is listed 0.5 miles north, described as a $400M Target-anchored development bringing Sam’s Club, Lowe’s, and EOS Fitness. The H-E-B-anchored Jordan Ranch Market is located 0.8 miles south.
For tenants and investors, the offering provides a newer retail setting with existing occupancy and current base rents averaging $30.60 per square foot. Management notes rental upside through the ability to raise rents, citing nearby retail centers achieving rents up to twenty percent higher. The property is offered at $6,922,000, representing a 6.54 percent cap rate on in-place NOI of $452,353.
The center is located at 29711 Kingsland Boulevard in Katy, Texas, directly off Texas Heritage Parkway, described as the primary north-south thoroughfare off Interstate 10. It is surrounded by three master-planned communities totaling over 7,000 homes, including Jordan Ranch (3,000 planned), Young Ranch (1,000 planned), and Firethorne (3,000+). A forthcoming Texas Heritage Marketplace is listed 0.5 miles north, described as a $400M Target-anchored development bringing Sam’s Club, Lowe’s, and EOS Fitness. The H-E-B-anchored Jordan Ranch Market is located 0.8 miles south.
For tenants and investors, the offering provides a newer retail setting with existing occupancy and current base rents averaging $30.60 per square foot. Management notes rental upside through the ability to raise rents, citing nearby retail centers achieving rents up to twenty percent higher. The property is offered at $6,922,000, representing a 6.54 percent cap rate on in-place NOI of $452,353.
Key Highlights
- 14,784 SF multi‑tenant retail center built in 2019 at 29711 Kingsland Boulevard in Katy, TX
- 100% occupied with multi‑tenant retail space
- Directly off Texas Heritage Parkway, the primary north‑south thoroughfare off I‑10
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77423, TX
16,152
Population
5,612
Households
2.9
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
148.6 sq mi
ZIP Area
109
Density / Sq Mi
$82,280
Median Household Income
$49,918
Median Earnings
$1,340
Median Rent
$266,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Newer, fully leased retail center positioned off a main north-south Katy thoroughfare.
Where is this shopping center located?
The property is located at 29711 Kingsland Boulevard Brookshire, TX.
What is the asking price?
The asking price for this property is $6,922,000.
What are key features of this property?
This property features: 14,784 SF multi‑tenant retail center built in 2019 at 29711 Kingsland Boulevard in Katy, TX; 100% occupied with multi‑tenant retail space; Directly off Texas Heritage Parkway, the primary north‑south thoroughfare off I‑10
