20718 Park Row
About This Property
Fantastic mixed-use development just 1 mile west of Westgreen on Park Row in Katy, Texas for sale. Nearly 8,700 SF of retail or professional office space with adjacent land for additional structure available. 1 story, steel structure currently divided in to 4,500 SF (for the existing Dan Mar Dance Studio, and 4,200 SF for new tenant / owner. Existing lease for the dance studio belongs to owners and can be cancelled if new owner wants the entire building. Excellent opportunity in North Katy for a commercial owner or investor.
Built in 2008, this building is perfectly situated to support a new day care center with fenced in play-yard, easy in-and-out of the parking lot from both the neighborhood and Park Row, and plenty of surrounding communities from which to draw customers. Extra land on North of building is plenty to build additional structure or parking and the center has excellent visibility from Park Row as well as quick access to Mason Rd., Fry Rd. and I-10.
If you don't need the entire building, lease out the remainder to help pay the mortgage! Rental rates for office/retail in the area are averaging roughly $15 / SF per annum.
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Disclaimer: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information presented herein is subject to change without notice.