Investment Overview

The Subject property are two adjacent office buildings totaling 8,460 square feet in Katy, Texas. The property is currently being utilized as a Co-Working facility that is home to many different businesses. It is situated on 1st Street just north of Highway 90 and I-10 in Old Katy near City Hall. The property was renovated to contain several private offices, dedicated desks, multiple conference rooms, open seating in cubicles, break area and reception. They also boast calling booths so clients can make conference calls in private. There is also mail service, wireless internet, and reception offered. Katy, Texas is one of the fastest growing areas in the country. Katy is located in Fort Bend County which has tripled in size since 2000 and is expected to reach one million people in the next several years. The City of Katy continues to grow and reinvest in the community with infrastructure and amenities for its patrons. Demographics within three miles of the subject property show a population of over 63,000 and average household incomes over $132,000.