Retail    

HTeaO

 Katy, TX

Asking Price

$2,296,912

Cap Rate

6.25%

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Lease Term

New 15-Year Lease

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Lease Type

NNN

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Building Size (SF)

2,000

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Year Built

2024

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Rent Bumps

10% Every 5 Years

For more details on this exclusive listing

DOWNLOAD OM

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INVESTMENT HIGHLIGHTS

  • New 15-Year NNN Lease w/ Attractive Rental Escalations
  • Largest Iced Tea Franchise in the United States
  • Significant Private Investment Fuels Rapid Expansion
  • Brand New Construction & New Market Opportunity
  • Fastest Growing School District in Greater Houston Area
  • Primary Retail & Entertainment District w/ Proximity to New 80-Acre Mixed Use Development
  • Major Industrial Expansion & Development into Katy, TX
  • 31K+ Direct VPD Visibility w/ Exceptional Access to Interstate 10
  • No State Income Tax

Exclusively Listed By

Michael Watson

Senior Associate
  mwatson@northmarq.com      404.823.6749

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Brett Daniel Butler

TX License #558227


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