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Shopping Center with NNN Leases
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3329 W Grand Pkwy N, Katy, TX 77449

Recently constructed retail center leased to national tenants under NNN agreements.

Property Size10,005 SF
Price / SF$505.25
Days on Market132

Property Features for 3329 W Grand Pkwy N

General Information

Standard status Active
Size 10,005 SF
Class A
Property subtype Retail
Occupancy 100%
Investment Type Stabilized
Net Operating Income $353,613

Additional Details

Cap Rate 7%

Building Details

Year Built 2023
Tenancy Multi
Listing Agency: STRIVE Commercial Real Estate Advisors
Listed By: Jake Dutson · License #702071-SA
Source: Crexi
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 12:23AM

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 STRIVE Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

Peek Plaza II is a shopping center completed in 2023 and occupied by national tenants. The property is structured with NNN leases, placing it within a defined retail investment format.

The center is located at 3329 W Grand Pkwy N in Katy, Texas. Reported property size is 10,005, and the offering reflects a 7.0% cap rate.

Key Highlights

  • Shopping center completed in 2023
  • National tenants in place
  • NNN lease structure

Property Analytics

Current Use

X-Golf Katy Golf Course Coffee Fellows Katy Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Dental Office Building Supply Spa & Massage Center Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
Well-served
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Recently constructed retail center leased to national tenants under NNN agreements.
Where is this shopping center located?
The property is located at 3329 W Grand Pkwy N Katy, TX.
What is the asking price?
The asking price for this property is $5,055,000.
What are key features of this property?
This property features: Shopping center completed in 2023; National tenants in place; NNN lease structure
More about this property
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