Technical
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Property profile

7041 Fry Rd Katy, TX 77449

OFF-MARKET
Retail properties & Spaces
11,234 SF
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Property summary

AI-generated overview

The Shops at Tealbrook II, located at 7041 N Fry Rd in Katy, TX 77449, offers 11,234 square feet of prime retail and restaurant space. This multi-tenant property features six suites, with a minimum divisible space of 1,772 square feet and up to 11,234 square feet available contiguously. Currently, only 6 square feet are vacant. The center boasts excellent visibility and access to major intersections in the Far West Cypress Market. Benefit from its strategic location adjacent to the rapidly expanding Elyson Development, a master-planned community projected to encompass 6,200 homes and over 250,000 residents within the next 8-10 years. This thriving area also includes 33 elementary schools, 32 middle schools, and 6 high schools, supporting a robust and growing population. The immediate vicinity is experiencing significant residential growth, with over 40,000 new homes, showcasing a diverse price range from $110,000 to $980,000. This presents a unique opportunity for businesses to establish themselves in a high-growth, densely populated area with strong demographics.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,234 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7041 Fry Rd Katy, TX 77449
Katy metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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