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Established Shopping Center in Katy
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5536 S Peek Rd, Katy, TX 77450

Well-located shopping center with high-income customer base.

Space Size2,318 SF - 3,000 SF
Property Size25,947 SF
Days on Market1944

Property Features for 5536 S Peek Rd

General Information

Standard status Active
Size 2,318 SF - 3,000 SF
Total Parking Spaces 73
Property subtype Retail

Building Details

Building Size 25,947 SF
Tenancy Multiple

Spaces For Lease

at 5536 S Peek Rd Contact us

Suite 5556 B

Size
2,318 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 5544

Size
3,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: KM Realty Advisors Houston
Listed By: Ronald Patrice · License #TX 780842
Source: Crexi
Added: Apr 27, 2021 Changed: Aug 22 Last Checked: Aug 21 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 KM Realty Advisors Houston

Investment Insights

Based on property information with market context.

Grand Lakes Shopping Center is a well-established shopping center located at the entrance to Grand Lakes. As the only community center at the intersection of Peek Road and Fry Road, it presents prime opportunities. The majority of customers come from within a 5-mile area, with a significant portion of traffic originating from neighborhoods within 2 miles. The area boasts a high average household income, exceeding $150,000, indicating considerable disposable income among neighboring households.

Key Highlights

  • Prime location at the intersection of Peek Road and Fry Road
  • Only community center at this intersection
  • High average household income ($150k+) in the surrounding area

Property Analytics

Current Use

JLB Eatery Grand ... Restaurant JLB Eatery Restaurant

Suggested Use

Top Pick Auto Parts Store Garden Center Cafe & Coffee Shop Real Estate Agency Big Box & Wholesale Store Plumbing Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 77450, TX

72,977
Population
26,259
Households
2.8
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
3,704
Density / Sq Mi
$105,607
Median Household Income
$55,656
Median Earnings
$1,730
Median Rent
$342,000
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Well-located shopping center with high-income customer base.
Where is this shopping center located?
The property is located at 5536 S Peek Rd Katy, TX.
What are key features of this property?
This property features: Prime location at the intersection of Peek Road and Fry Road; Only community center at this intersection; High average household income ($150k+) in the surrounding area
More about this property
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