2212 Katy Flewellen Rd Katy, TX 77494

This exceptional 14,942 square foot retail center, built in 2016, sits on a 1.23-acre lot in Katy, Texas, at 2212 Katy Flewellen Rd, zip code 77494. Boasting a 6.25% cap rate and a strong net operating income (NOI) of $358,380, this property presents a compelling investment opportunity. Currently 100% occupied, the center benefits from a long-term anchor tenant, a daycare, ensuring consistent revenue streams. Its prime location at the northwest quadrant of the entrances to the Woodcreek Reserve and Grayson Lakes communities provides excellent visibility and accessibility. The property's proximity to Woodcreek Junior High School and numerous master-planned communities, including Cinco Ranch and Avalon at Spring Green, guarantees a substantial customer base. An assumable non-recourse debt at a favorable 4.25% interest rate further enhances the investment potential. This property offers a rare combination of strong financial performance, excellent location, and long-term stability, making it an ideal addition to any investment portfolio. The property is located in Fort Bend County.