About This Restaurant
Investment Highlights
I-10 West Katy Freeway frontage in Fast Growing Energy Corridor - Katy / Houston TX. Restaurant in great condition shows very well Very dense surrounding Employment including major corporate HQ's Equipment included in sale.
Executive Summary
PRICE REDUCTION!!! Located in the fast growing "Energy Corridor" section of Katy / Houston Texas. This is the Sale of a free-standing 5,008 SF + 1,000 SF patio 2nd generation restaurant on 1.265 acres in great condition to include ALL kitchen & bar equipment as well as the FF & E. 90 parking spaces. Buyer must change the name of the restaurant as the "business" proper (including menu and recipes) is Not For Sale. Building has I-10 / Katy Freeway (westbound) frontage (136,000 cars per day westbound) in the very successful 550 acres PARK 10 mixed-use development. Surrounded by Very dense employment (23,800 + jobs within 2 miles). Excellent catering opportunities to 10 major brand auto dealerships nearby and from 2,300 hotel rooms in 20 nearby motels and hotels. Also within 1/2 mile of the Texas Medical Center / West Campus which includes the ever expanding Texas Children's Hospital and Methodist Hospital / West. 939 New apartments under construction within 1 mile. City of Katy, TX. population has grown 31 % between 2016 and 2021.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,008
- Building Class B
- Year Built 2008
- Price 2,450,000
- Price Per SF 489
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 1.26 AC
Amenities
- Freeway Visibility
- Monument Signage
Property Taxes
Parcel Number | 1165980000004 | Improvements Assessment | $1,041,600 |
Land Assessment | $714,518 | Total Assessment | $1,756,118 |
Date Created: | 2024-07-16 04:23:43 | Last Updated: | 2024-07-16 04:23:43 |
Address: | 17790 Katy Fwy , Houston, Texas, 77094 |