23525 Kingsland Boulevard
- Cap Rate: 6.25%
- Building Size: 7,923 sq. ft.
- Year Built: 2015
- NOI: $186,186
- Occupancy: 100%
- Parking Ratio: 5.5/1,000
Building is located in highly desirable area of Katy, Texas, in close proximity to master-planned communities of Cinco Ranch, Seven Meadows, Grand Lakes, and Falcon Point. One-quarter mile west of The Grand Parkway and three-quarters mile south of I-10. In a three-mile radius, population is in excess of 105,000 with an average HHI in excess of $130,000 annually.
|Tenant||Size||Annual Rent||Lease Type|
|Trendmaker Homes, Inc.||5,763 sq. ft.||$126,786||NNN|
|Katy Premiere Performance||2,160 sq. ft.||$59,400||NNN|