Property summary
This exceptional 1,995-square-foot Class A storefront, located at 3730 N Mason Rd, Katy, TX 77449, presents a compelling investment opportunity. Built in 2023, this mixed-use property boasts a prime location on Mason Road, a busy thoroughfare in Katy, offering easy access to Grand Parkway and I-10. Currently 100% occupied by Builtfit Athletics under a gross lease agreement commencing June 1, 2023, and expiring May 31, 2024, the property generates a monthly rental income of $2,500, with plans to increase to $2,700 upon lease renewal. The space features a 24-foot clear ceiling height, a 14x16-foot grade-level commercial roll-up door, and a fully built bathroom with a hot shower. A mezzanine, not included in the 1,995 square feet, offers additional storage or potential build-out for extra space. The property's flexible design allows for various uses, from traditional warehouse space with office potential to retail-focused businesses. This value-add investment is ideal for both investors seeking established rental income and owner-occupants looking for a versatile space once the current lease expires. The asking price is $485,000, resulting in a price per square foot of $243.11. This property offers a unique opportunity to capitalize on a thriving Katy location and a strong existing tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility Textile Manufacturer
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Gym & Fitness Center
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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