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For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046 713-623-6944 hpiproperties.com

For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

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Page 1: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

Katy Freeway Plaza11301 Katy Freeway

Houston, Texas 77079

Hunington Properties, Inc.3773 Richmond Ave., Suite 800 Houston, Texas 77046

713-623-6944hpiproperties.com

Page 2: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

Hunington Properties, Inc.3773 Richmond Ave., Suite 800 • Houston, Texas 77046 • 713.623.6944hpiproperties.com

For More Information

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

KATY FREEWAY PLAZA11301 Katy Freeway, Houston, Texas 77079

For Sale

Executive Summary

Sale Price $6,750,000.00

CAP Rate 6.77%

NOI $457,076.92

Building Size 15,108 SF

Lot Size 50,190 SF / 1.15 Ac

Year Built 1972 / 2016

Demographics

Population(2019)

2 mi. - 45,5293 mi. - 73,901 5 mi. - 123,752

Average Household Income2 mi. - $90,309 3 mi. - $89,994 5 mi. - $99,659

Traffic Count Katy Freeway Frontage: 59,000 VPDKaty Freeway: 360,000 VPD

Sam A. AffanheDirector [email protected]

Todd A. Carlson Principal [email protected]

Page 3: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

Page 4: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

Page 5: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

Page 6: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

Page 7: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

Property Highlights

• IH-10 Frontage Rd. shopping center• Excellent visibility and access• 100% leased• Recently renovated• Automatic base rent increases through remaining term

Page 8: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

SELECT TENANT PROFILES

Gyu-Kaku Japanese BBQGyu-Kaku Japanese BBQ provides the authentic Japanese yakiniku (grilled barbecue) dining experience where customers share premium cooked meats over a flaming charcoal grill.

There are over 700 Gyu-Kaku restaurants worldwide, and the first U.S. location opened in West Los Angeles in 2001.This location is owned and operated by a franchisee with three local Gyu-Kaku franchises.www.gyu-kaku.com

Aspire Weight Loss & Medi SpaAspire Weight Loss & Medi Spa offers weight loss, IV Therapy, Botox, Fillers, Detox, Mesotherapy, Medical Weight Loss, vitamins, supplements, Cavitation, HCG, Herbal Body wraps, Micro-Needling, micordermabrasion, Chemical Peels, Hebal facials, back acne treatments.

Aisha’s Salon & Spa Aisha’s Salon & Spa has offered a variety of threading, waxing, facials, hair color styling, makeup, henna, skin polish, laser, and microblading spa services since 1994.24 locations in Houston. www.aishassalonandspa.com

Tune Up: The Manly Salon Tune Up: The Manly Salon is a one-of-a-kind men’s salon that offers a fun and exciting atmosphere where you can enjoy a compli-mentary beer or cocktail while being pampered by one of their highly trainedstylists. In addition to enjoying a beverage while they wait, customers can watch news or sports on two flat screen TVs or play foosball, shuffleboard or video games in the salon’s stand-up arcade.

29 locations in the Houston MSA. www.tuneupsalon.com

Page 9: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

For Sale

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not in any way, warranted by Hunington Properties , or by any agent, independent associate, subsidiary or employee of Hunington Properties. This information is subject to change.

SELECT TENANT PROFILES

The Pop Culture CompanyThe Pop Culture Company has been in business since 2008. Packed to the ceiling with comics, games, and toys. They offer all things pop culture, and buy and sell all sorts of unique items like vintage records, classic sci-fi, fantasy and art books, and even original posters and art.

Independently owned and operated. www.thepopculturecompany.com

JUST GRKAuthentic recipes, fresh ingredients and simple but delicious food. When people walk into the restaurant they are greeted with warm smiles like family entering our family home.

Family owned & operated with a philosophy of using locally sourced ingredients to make recipes steeped in heritage and tradition. The restaurant transports its patrons not only via its food but its décor.

www.justgrk.com

CBS Outdoor Outfront Media operates both billboards and transit displays as one of the largest outdoor media companies in the United States.

www.outfrontmedia.com

Churroholic®Churroholic® is a Spanish inspired dessert line created by parent company, Hiccups. An Asian-fusion restaurant with an array of boba drinks, allows our guests the convenience of having delicious pan-Asian dishes with our specialty churros in one location. Our churro artisans undergo rigorous training to ensure that the product our guests receive is of high quality. Founded in Anaheim, CA in 2017

7 location in the Texas Market.www.churroholic.com

Page 10: For Sale - Hunington Properties...For Sale Katy Freeway Plaza 11301 Katy Freeway Houston, Texas 77079 Hunington Properties, Inc. 3773 Richmond Ave., Suite 800 Houston, Texas 77046

11-2-2015

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Hunington Properties, Inc. 454676 [email protected] 713.623.6944