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Office

The Hub in Old Katy

5614 1st St, Katy, TX 77493

Listing Price: $3,215,000

Cap Rate
7.32%
Rentable SF
8,460
Lot Size
0.30 acres
Year Built
1970

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.

Investment Highlights

  • Co-Working Office Property Located in Katy, Texas | Situated in Historic Downtown Katy, Texas
  • Population of Katy Has Doubled Since 2010 | Three Mile Daytime Population: 52,700
  • Upside Through Targeted Marketing | Suburban Office Appealing for Work/Life Balance
  • Near Katy Boardwalk | Katy Mills Mall | No Label Brewery | MKT Distillery

Exclusively Listed By

Financing By

Office

The Hub in Old Katy

Listing Price: $3,215,000

Cap Rate
7.32%
Rentable SF
8,460
Lot Size
0.30 acres
Year Built
1970

Investment Highlights

  • Co-Working Office Property Located in Katy, Texas | Situated in Historic Downtown Katy, Texas
  • Population of Katy Has Doubled Since 2010 | Three Mile Daytime Population: 52,700
  • Upside Through Targeted Marketing | Suburban Office Appealing for Work/Life Balance
  • Near Katy Boardwalk | Katy Mills Mall | No Label Brewery | MKT Distillery

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.

Exclusively Listed By

Financing By

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