19304 Katy Fwy Houston, TX 77084
- Lifestyle centers
- 14,000 SF
- 2.00 lot acres
Current Use by Public Records
- Urgent Care / Medical Clinic
- Excel Urgent Care Katy / Medical Clinic / Occupational Medical Physician
Property Details for 19304 Katy Fwy
- Year built
- 2024
- Lot size
- 2.00 lot acres
- Property size
- 14,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 14,000 square foot medical and retail building, constructed in 2024, is situated on a 2-acre lot at 19304 Katy Fwy, Houston, TX 77084, in Harris County. The multi-tenant property boasts 63 parking spaces and currently has 29% occupancy. A significant anchor tenant, Excel Urgent Care, occupies a portion of the space under a 10-year lease with a 3% annual rent increase. This presents a compelling opportunity for an owner-user or investor seeking a value-add proposition. The property enjoys a prime location on Interstate 10, benefiting from high traffic volume exceeding 200,000 vehicles per day at Greenhouse Road (nearly 28,000 VPD). Its proximity to Houston's Energy Corridor, a major business district housing over 20% of Houston's Fortune 500 companies, further enhances its appeal. The surrounding area features a vibrant mix of established businesses, including Shake Shack, CAVA, Tim Horton's, Ideal Dental, At Home, LA Fitness, and numerous restaurants. A forthcoming Plucker's Wing Bar adds to the growing commercial activity. The property benefits from a high average household income exceeding $100,000 within 1, 3, and 5-mile radii. The asking price for this strategically located property is $8,000,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.708
- Latitude
- 29.7862