Avenue D Bldg, Katy, Tx 77493, Katy Centre, Katy, Tx 77493, 1 St Kathy Ln, Katy, Tx 77493

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Avenue D Bldg, Katy, Tx 77493, Katy Centre, Katy, Tx 77493, 1 St Kathy Ln, Katy, Tx 77493

Breaux Bridge, LA 70517
Asking Price
$3.10M
Asset Type
Retail
Class
Class B

What's Special

The Avenue D Building is situated within the Katy Centre development in old town Katy, Texas, with additional territorial reach extending to Breaux Bridge, Louisiana. This retail site is positioned in a growing suburban corridor characterized by a mix of historic charm and modern commercial expansion. The property benefits from its proximity to established local amenities and residential neighborhoods, offering convenient access via major regional thoroughfares. The surrounding infrastructure supports consistent vehicular traffic and provides straightforward connectivity to the broader Houston metropolitan area. The asset is suitable for a variety of retail applications, including service-oriented boutiques, specialty showrooms, or consumer goods storefronts. The layout and strategic placement favor tenants such as local small business owners, regional franchise operators, or professional service providers seeking high visibility within an active community hub. Given the neighborhood's demographic profile, the space is optimal for businesses that rely on local foot traffic and a stable, community-focused customer base looking for accessible, everyday services and retail convenience.

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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303

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