4801 Katy Freeway

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4801 Katy Freeway

Houston, TX 77007
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

What's Special

Hard corner building at heavily trafficked intersection with additional off-site parking <ul><li>​+/-5,680 SF office/warehouse asset on hard corner of Shepherd & Katy Freeway.</li><li>​Land footprint of 15,000 SF with 4801 Katy Fwy and off-site parking at 4711 Nolda one block to the east.</li><li>​Building is 100% occupied by 2 long-term tenants on month-to-month leases. Owner/Occupier potential, or flexibility to retain existing tenants if near term cash flow is desired. Tenants can vacate with 90-day notice.</li><li>​20 parking spaces between primary building site and off-site par

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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