Katy - Office Space for Lease in Katy Texas

Office Space for Lease in Katy Texas

The City of Katy is located about 30 miles due west of Downtown Houston. Straddling I-10, this 11.3 square mile city is home to over 16,000 residents. It sits at the intersection of three Texas counties — Harris, Fort Bend, and Waller. In addition to the city itself, ‘Greater Katy’ includes the surrounding unincorporated areas. In fact, the stretch of I-10 just east is an area known as the Katy Freeway. Business can find great options in these areas for office space Katy Texas.

Doing Business in Katy

There are a number of companies doing business around the area. Firstly, Igloo Corporation is headquartered west of town, in unincorporated Waller County. Additionally, Academy Sports and Outdoors is nearby. The company has a distribution center and corporate offices in western Harris County. Also, BP America employes 5,500 workers in the nearby Houston Energy Corridor. This makes BP the area’s largest employer.

In the near future, business will increase in the submarket. In March 2017, Amazon announced the city as its 10th Texas fulfillment center. Once completed, the 1 million SF facility will employ around 1,000 full-time employees. In a press release, Former Mayor Fabol Hughes (mayor at the time of Amazon’s announcement) said:

“We are honored Amazon chose Katy to be the location for their next fulfillment center, and we know the City of Katy will benefit from this relationship through increased job opportunities for our residents and their support of local Katy businesses.”

Office Space for Rent in Katy

Companies want better places to do business. They can find great office space for rent in Katy. A search for ‘office space Katy Texas’ might show two nearby submarkets: Katy West Freeway and Katy East Freeway. Both are great locations for office space.

Similarly, the area offers numerous opportunities for businesses of all sizes. All total, the submarket has over 12 million SF of Class A office space. Likewise, there is also over 7 million SF of Class B office space. Most noteworthy, the area is the top submarket for commercial spaces in the 50,000 SF range.

The main areas with office space for rent are along main highways — I-10, Highway 90 and Highway 99. Also, the main thoroughfares (Franz Rd., Avenue D, Katyland Dr., and Kingsland Blvd.) have commercial office options. Prospective tenants can find even more commercial office space in the submarket and along the freeway.

Office Space for Lease in Katy

For assistance finding office space for lease in Katy, let CXRE help. Our team of Texas-licensed commercial agents (TREC Corporate Broker, CXRE LLC, License #9004453) has years of experience.

We handle office space transactions with customized leasing solutions. CXRE doesn’t use cookie-cutter methods. We address your individual needs. Furthermore, we provide a full range of additional services.

Contact CXRE today to learn more about office space for lease. Likewise, learn about our other services, including commercial real estate investment, land brokerage, and warehouse properties.

20240 Katy Fwy

This Neighborhood Shopping Ctr commercial property located at 20240 Katy Fwy in Katy is a Retail Power Center property, in the 77449 zip code. This property boasts 8000 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2000 Ivt Price Plaza Katy Llc created 8000 SF of improvements. CXRE further estimates Ivt Price Plaza Katy Llc and the property’s previous owners, have realized approximately $810,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $216,000.

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24401 Katy Fwy

This Neighborhood Shopping Ctr commercial property located at 24401 Katy Fwy in Katy is a Retail Power Center property, in the 77494 zip code. This property boasts 159109 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2012 Bluecap Ltd created 156916 SF of improvements. CXRE further estimates Bluecap Ltd and the property’s previous owners, have realized approximately $19,118,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $1,878,500.

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24555 Katy Fwy

This Neighborhood Shopping Ctr commercial property located at 24555 Katy Fwy in Katy is a Community Shopping Center property, in the 77494 zip code. This property boasts 60750 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2014 Capricorn Ltd created 60750 SF of improvements. CXRE further estimates Capricorn Ltd and the property’s previous owners, have realized approximately $7,031,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $724,300.

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24952 Katy Ranch Rd

This Neighborhood Shopping Ctr commercial property located at 24952 Katy Ranch Rd in Katy is a Community Shopping Center property, in the 77494 zip code. This property boasts 69750 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2014 Capricorn Ltd created 69750 SF of improvements. CXRE further estimates Capricorn Ltd and the property’s previous owners, have realized approximately $8,498,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $776,300.

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5604 1st St

This Neighborhood Shopping Ctr commercial property located at 5604 1St St in Katy is a Retail Multi-Occupancy property, in the 77493 zip code. This property boasts 3555 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2009 R A Simpson & Son Inc created 3160 SF of improvements. CXRE further estimates R A Simpson & Son Inc and the property’s previous owners, have realized approximately $375,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $50,600.

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