Katy, TX Industrial Property For Sale

PROPERTY FEATURES

• Eleven (11) Freestanding Buildings

• Metal Construction with Stone Facade

• Clear Height - 26’

• Grade Level Loading

• 3 Phase, 480v, 200 Amp Power

• Deed Restricted Business Park

• Estimated Delivery Date - 1st Quarter 2022

LOCATION

Located on Mason Road just East of the Grand Parkway

South of Clay Road

Brand new business park conveniently located at the intersection of Mason Road and Bridgewater Village Drive in Katy, TX. This Park offers tremendous opportunity to establish your business in a well-developed area with strong customer and employee base. Being only ¼ mile off Grand Parkway this business park allows for quick access to a major thoroughfare with little to no traffic getting to and from the property.

Additional Customization and Design Services

Whether you are looking for space to run your business, storage or as an investment, we give you the option to customize your space how you need it. With limitless options we make it easy with our in-house design services.

5 Years Lease - 4 Years Remaining

> 18’ eave Height

> High Percentage Office Finish

> Deed Restricted, Gated Westborough Business Park

> In place NOI: $741,366

> Market NNN Rents: $12.60

1225 Price Plaza is a 5,920 square foot office warehouse located in Katy’s Energy Corridor, just northwest of Fry Rd. and Interstate 10 behind the Sam’s Warehouse. The building sits on a 18,212 square foot lot and was built in 2006 as part of an industrial office warehouse park that includes only 19 other buildings.

1225 Price Plaza features 2 offices, 2 bathrooms, a large reception area, a large kitchen, storage closet, workstation area, and a large team room. Roughly one third of the building is built out including HVAC, AND the remaining two third is open warehouse space with one (1) 12′ x 14′ roll up door. Total ceiling height ranges from 20 – 22 feet, with a clear height from 16.5 – 18.25 feet high. There is currently six (6) 4 x 5′ fluorescent light fixtures in the warehouse area.

The owner is offering seller financing with excellent credit, $400,000 down at the sub-market rate of 6.5% for 10 years, amortized for 20 years. Balloon payment at the end of ten years, or refinance at that time. All showings must be scheduled through the listing agent.