Property profile

6037 N Fry Rd Katy, TX 77449

FOR LEASE
Strip malls
Property ID
US82-3509270
31,770 SF 4.43 ac lot Built 2004
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

Eagle Ranch Shopping Center presents a prime leasing opportunity in the thriving Katy, Texas market. This grocery-anchored retail center, totaling 88,625 square feet, offers multiple tenancy options with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,000 square feet. Currently, 10,140 square feet of retail space is available for lease. The center boasts a highly desirable location at the intersection of Fry Road and West Little York Road, benefiting from excellent visibility and accessibility. Its strategic placement provides easy access to the new Grand Parkway segment (SH-99), enhancing regional connectivity and customer reach. The surrounding area demonstrates strong demographic appeal, with over 18,000 students within a six-mile radius attending more than 12 schools. Furthermore, the center's adjacency to Bear Creek Baptist Church, boasting over 3,000 weekly attendees, provides a significant built-in customer base. This property is situated within a rapidly expanding submarket of the greater Houston metropolitan area, presenting a compelling investment opportunity for businesses seeking high-traffic locations and a strong community presence. The Kroger-anchored center ensures consistent foot traffic and a robust retail environment. This is an exceptional chance to establish or expand your business in a dynamic and growing area of Harris County.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction STEEL FRAME
Total area 31,770 SF
Lot 4.43 ac (193,019 SF)
APN 1257490010001
UPID US82-3509270

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Hair Salon
  • Recycling Center Waste Management Facility
  • Freight Service Logistics Company
  • Courier Service Postal Service

Location

6037 N Fry Rd Katy, TX 77449
Katy metro Census 542203 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$815k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.3M +45.0%
Industrial (general) $1.0M +7.7%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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