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Westheimer Lakes 6734 Westheimer Lakes North Dr 32,585 SF 100% Leased Retail Building Katy, TX 77494 $15,652,980 CAD ($480.37 CAD/SF) 7% Cap Rate
Investment Highlights
- Roof replaced in 2025 with a 20-year warranty on materials.
- Visibility from major thoroughfares such as Westpark Tollway and the Grand Parkway and provides easy access from Fulshear, Richmond, Katy, Sugar Land
- Surrounded by numerous master-planned communities including Cinco Ranch, Grand Lakes, and Cross Creek
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
32,585 SF
Building Class
B
Year Built/Renovated
2009/2013
Price
$15,652,980 CAD
Price Per SF
$480.37 CAD
Cap Rate
7%
NOI
$1,095,709 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.91 AC
Parking
166 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
335’ on Westheimer Lakes North
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0574-00-001-0025-914 | Improvements Assessment | $10,411,688 CAD |
| Land Assessment | $2,148,860 CAD | Total Assessment | $12,560,548 CAD |
Property Taxes
Parcel Number
0574-00-001-0025-914
Land Assessment
$2,148,860 CAD
Improvements Assessment
$10,411,688 CAD
Total Assessment
$12,560,548 CAD
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Westheimer Lakes | 6734 Westheimer Lakes North Dr
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