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6193 Highway Blvd
Katy, TX 77494
Tiger Square Shopping Center · Retail Property For Sale
Investment Highlights
- Recently remodeled exterior
- Easy access to Interstate 10
- Close proximity to Cane Island, an 1,100 AC master-planned community with ±2,000 homes at completion
- Located at signalized intersection
- Directly across from Katy High School with over 3,190 students
Executive Summary
Tiger Square Shopping Center is a multi-tenant investment opportunity located at the SEC of FM 1463 & US 90 in Katy, TX (Houston MSA). The internet-resistant, diversified tenant mix is comprised of 11 tenants providing various medical, food, service and unique retail offerings to the immediate trade area. Tiger Square Shopping Center poses a value-add opportunity with below market rents for several tenants along with limited amount of options terms.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
30,296 SF
Building Class
B
Year Built/Renovated
1985/2023
Price
$14,123,508 CAD
Price Per SF
$466.18 CAD
Cap Rate
6.50%
NOI
$918,028 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.98 AC
Zoning
XN
Parking
75 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
296’ on Highway Blvd
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 5410-00-000-0010-914 | Improvements Assessment | $4,994,613 CAD |
| Land Assessment | $2,047,247 CAD | Total Assessment | $7,041,860 CAD |
Property Taxes
Parcel Number
5410-00-000-0010-914
Land Assessment
$2,047,247 CAD
Improvements Assessment
$4,994,613 CAD
Total Assessment
$7,041,860 CAD
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