Office Space
11999 Katy Freeway Houston, TX 77079
Details & Description
Call for Pricing
    Colliers is pleased to exclusively offer for sale this covered land opportunity, supported by a cash flowing office building. Current NOI on the building is $733,000 at 79% occupancy. 11999 Katy Freeway consists of 3.24 acres of asphalt parking, improved with a six-story 104,825 SF office building. The property is located along the east bound feeder road of Interstate-10 between Dairy Ashford and Kirkwood in the highly sought after Energy Corridor area. Daily traffic counts of ±312,787 cars per day. Surrounded by Cadillac, Lexus and Porsche car dealerships and across freeway from Energy Towers I – IV, which consists of 1,600,000 SF of class A office space at 92% occupancy.Sign CA - https://texas.colliers.com/11999-katy-freeway-confidentiality-agreement
    Property Highlights
     Strategic Investment Opportunity: excellent covered land opportunity on 3.24 acres with frontage on I-10
     High Traffic Counts: with over 312,787 vehicles traveled per day
    Listing Agents
    David Carter

    O: 713-830-2135
    M: 713-823-5358
    david.carter@colliers.com
    Bill Byrd

    O: 713-830-2131
    M: 713-628-2022
    bill.byrd@colliers.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    11999 Katy Freeway

    Houston, TX 77079

    Listing ID: 311769
    11999 Katy Freeway Houston, TX 77079 | for Sale | Photo 1
    Building Size: 104,825 SF
    Lot Size: 3.240 AC
    Land Size: 141,134 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Property Highlights
    Location: convenient Energy Corridor location
    Exceptional Access: direct I-10 access and visibility
    High Traffic Counts: with over 312,787 vehicles traveled per day
    NOI: $733,000 in-place NOI
    Strategic Investment Opportunity: excellent covered land opportunity on 3.24 acres with frontage on I-10
    Flood Zone: located outside the 500-year flood plain
    Description

    Colliers is pleased to exclusively offer for sale this covered land opportunity, supported by a cash flowing office building. Current NOI on the building is $733,000 at 79% occupancy. 11999 Katy Freeway consists of 3.24 acres of asphalt parking, improved with a six-story 104,825 SF office building. The property is located along the east bound feeder road of Interstate-10 between Dairy Ashford and Kirkwood in the highly sought after Energy Corridor area. Daily traffic counts of ±312,787 cars per day. Surrounded by Cadillac, Lexus and Porsche car dealerships and across freeway from Energy Towers I – IV, which consists of 1,600,000 SF of class A office space at 92% occupancy.

    Sign CA - https://texas.colliers.com/11999-katy-freeway-confidentiality-agreement

    Attachments & Files

    Traffic Counts

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Houston History of Office Space for Sale

    Houston Area Market Trends

    Listing Demographics for 11999 Katy Freeway Houston, TX 77079

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,835101,883279,951
    Population Median Age363737
    Population by Age0-9 Yrs1593 (12%)14271 (14%)36623 (13%)
    10-19 Yrs2118 (16%)11505 (11%)33852 (12%)
    20-29 Yrs1598 (12%)14813 (14%)44830 (16%)
    30-39 Yrs1758 (13%)17728 (17%)47009 (16%)
    40-49 Yrs2005 (15%)13264 (13%)36884 (13%)
    50-59 Yrs1577 (12%)12055 (11%)31523 (11%)
    60-69 Yrs1429 (11%)9360 (9%)25552 (9%)
    70+ Yrs756 (5%)8886 (8%)23679 (8%)
    Median HH Income$72,114$80,208$69,592
    Total Household Income< 24K655 (13%)5535 (12%)19064 (16%)
    25-49K846 (17%)7737 (17%)23920 (20%)
    50-74K1068 (22%)7677 (17%)20110 (17%)
    75-99K539 (11%)4938 (11%)13866 (11%)
    100-199K1019 (21%)9740 (22%)24216 (20%)
    200K+710 (14%)8328 (18%)16993 (14%)
    Highest Education LevelNo Diploma1085432418486
    Diploma or GED660686329336
    Some College14531185533392
    Assoc. Degree723418112745
    Bachelors Degree26142613359996
    Higher Degree17411689536921
    Total Housing Units5,40350,143133,007
    --Owner-Occupied2,48619,66947,978
    --Renter-Occupied2,35124,28670,189
    Owner-Occupied Values< 100K1737512108
    100-199K39018147245
    200-299K59732978997
    300-399K18835727982
    400-499K29930846036
    500K+840715115610
    Total Working Age Population9,90179,944222,038
    In Work Force6,62956,651154,944
    Not In Work Force3,27223,29467,095
    Workforce Employed6,25454,148144,992
    Workforce Unemployed3742,5029,446
    Civlian Workforce6,62956,651154,439
    Military Workforce00505
    Total Households4,83743,955118,167
    Family Households3,16725,41869,804
    Non-Family Households1,67018,53848,363
    Married Couple2,14519,20848,172
    Other Family1,0216,20921,633
    Married w/Child1,1348,93821,255
    Single Male w/Child1926672,378
    Single Female w/Child3082,7038,850

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1629,145,505+1332,912,882
    Harris County3,400,578+204,092,459+164,731,145+105,226,744

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Office property in Houston, TX?
    The size of the building/unit at 11999 Katy Freeway in Houston is 104,825 square feet
    How much land does the Houston, TX property at 11999 Katy Freeway include?
    11999 Katy Freeway in Houston includes 3.240 acres of land
    What kind of Office is the propery at 11999 Katy Freeway?
    The property at 11999 Katy Freeway Houston, TX 77079 is listed as a Professional Office property
    What is the population within 1 mile of 11999 Katy Freeway in Houston?
    The population within 1 mile of 11999 Katy Freeway Houston, TX 77079 is 12,835 people.
    Who do I contact for questions about 11999 Katy Freeway?
    You should contact the listing agent, David Carter, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    George Bush Intercontinental Houston Airport (IAH) 21
    William P Hobby Airport (HOU) 21
    Austin Bergstrom International Airport (AUS) 127
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