Property summary
Grand Lakes Shopping Center, located at 5536 S Peek Rd, Katy, TX 77450, presents a compelling investment opportunity in the thriving Katy submarket of Fort Bend County. This well-established shopping center, situated at the entrance to Grand Lakes, boasts a total of 25,947 square feet across two single-story buildings, encompassing 12 suites. Currently, 2,555 square feet of retail space is available, with individual suites ranging from 1,050 to 2,555 square feet, ideal for a variety of retail,… medical, office, or restaurant uses. The property features ample parking with 73 spaces and benefits from a 42 building FAR. Renovated in 2012, the center enjoys a strategic location at the intersection of Peek Road and Fry Road, serving as the only community center at this prime intersection. The center draws a significant customer base from within a 5-mile radius, with a substantial portion of traffic originating from within 2 miles. The surrounding area boasts a high average household income exceeding $150,000, indicating significant disposable income among potential customers. This property offers a unique blend of established tenancy and available space, promising strong returns for the discerning investor.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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