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Shopping Strip

Center at Rock Canyon

1115 S Mason Rd, Katy, TX 77450

Listing Price: $1,999,999

Cap Rate
7.97%
Gross SF
13,250
Rentable SF
13,250
Price/Gross SF
$150.94
Lot Size
1.01 acres
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Mason Shopping Center, a 13,250-square-foot retail center situated on 1.01 acres at 1115 South Mason Road in Katy, Texas. The property benefits from exceptional visibility along South Mason Road, with traffic counts exceeding 47,000 vehicles per day.

Strategically located in the West Houston submarket, the center is surrounded by a dense and growing population of nearly 330,000 residents within a five-mile radius.
The asset is currently 100 percent occupied with tenants paying affordable, below-market rents, providing immediate value-add potential through rental rate adjustments.

The Center at Rock Canyon is offered at a price of $1,999,999, representing a 7.97 percent day one cap rate. This is an excellent opportunity for an investor to acquire a stabilized, cash-flowing asset with upside through rent increases in a strong and growing submarket.

Investment Highlights

  • Prime Location: This retail center enjoys strong visibility and accessibility along South Mason Road, with traffic counts exceeding 47,000 vehicles per day.
  • Dense Submarket: Located in a thriving area with a population of nearly 330,000 residents within a five-mile radius, supporting consistent consumer demand.
  • Stabilized Asset: The property is 100 percent occupied with a diverse tenant mix, including an auto shop and barber shop, providing stable in-place income.
  • Proximity to National Retailers: The center is surrounded by well-known national tenants such as H-E-B, Dairy Queen, Taco Bell, KFC, and Public Storage, which drive additional foot traffic and retail synergy.

Exclusively Listed By

Financing By

Shopping Strip

Center at Rock Canyon

Listing Price: $1,999,999

Cap Rate
7.97%
Gross SF
13,250
Rentable SF
13,250
Price/Gross SF
$150.94
Lot Size
1.01 acres
Year Built
2004

Investment Highlights

  • Prime Location: This retail center enjoys strong visibility and accessibility along South Mason Road, with traffic counts exceeding 47,000 vehicles per day.
  • Dense Submarket: Located in a thriving area with a population of nearly 330,000 residents within a five-mile radius, supporting consistent consumer demand.
  • Stabilized Asset: The property is 100 percent occupied with a diverse tenant mix, including an auto shop and barber shop, providing stable in-place income.
  • Proximity to National Retailers: The center is surrounded by well-known national tenants such as H-E-B, Dairy Queen, Taco Bell, KFC, and Public Storage, which drive additional foot traffic and retail synergy.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Mason Shopping Center, a 13,250-square-foot retail center situated on 1.01 acres at 1115 South Mason Road in Katy, Texas. The property benefits from exceptional visibility along South Mason Road, with traffic counts exceeding 47,000 vehicles per day. Strategically located in the West Houston submarket, the center is surrounded by a dense and growing population of nearly 330,000 residents within a five-mile radius. The asset is currently 100 percent occupied with tenants paying affordable, below-market rents, providing immediate value-add potential through rental rate adjustments. The Center at Rock Canyon is offered at a price of $1,999,999, representing a 7.97 percent day one cap rate. This is an excellent opportunity for an investor to acquire a stabilized, cash-flowing asset with upside through rent increases in a strong and growing submarket.

Exclusively Listed By

Financing By

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