KATY RETAIL - KATY, TX 1815-1817 S Mason Rd 8,737 SF 100% Leased Retail Building Katy, TX 77450 $4,627,123 CAD ($529.60 CAD/SF) 7.59% Cap Rate

This premier retail investment opportunity is strategically located in one of the fastest-growing and most affluent trade areas within the Houston MSA. The property is 100% occupied by two established tenants, including a nationally recognized Krispy Kreme and Dogtopia, providing investors with diversified income from complementary retail uses. The asset consists of approximately 8,737 SF and is offered with an Absolute NNN lease structure, eliminating landlord responsibility for operating expenses and providing truly passive ownership.
Positioned along South Mason Road, a major north-south thoroughfare in Katy, the property benefits from strong visibility, excellent accessibility, and traffic counts exceeding 22,000 CPD. The surrounding trade area is characterized by high household incomes, continued residential expansion, and strong consumer spending patterns that support long-term tenant performance.
The rent roll offers built-in income growth through annual rental increases, while the long-term lease commitments provide stable cash flow and downside protection. With Texas' business-friendly environment, lack of state income tax, and continued population growth, this asset presents an attractive opportunity for investors seeking durable income, inflation protection, and long-term appreciation potential.