Bear Creek Plaza Value-Add
5828 North Fry Road, Katy, TX 77449
Property Highlights & Information
- Value-add lease-up opportunity: recently delivered 14,262 SF center, 25% leased to Domino's and Marble Slab & Great American Cookies, with 10,712 SF of vacant shell space ready for tenant build-out.
- Pro forma 10% stabilized cap rate: projected stabilized NOI of ±$385,000 at full occupancy against the $3,990,000 asking price ($282/SF)
- Seller-funded Marble Slab build-out: tenant improvements and leasing commissions for Marble Slab paid by seller; rent commences January 2027.
- Frontage and signage on N. Fry Rd: ±34,200 VPD on N. Fry Rd (Placer.ai 2025), with a pylon sign featuring an electronic advertising screen.
- Walmart Supercenter-anchored node: Walmart Supercenter, Kroger and ALDI all within 0.4 mile
- High-performing neighbors: the nearby McDonald's, Dollar Tree and AutoZone each rank in the top 2% of their chains, and 34 of 78 tracked stores within 3 miles rank in their brand's top quartile.
- Chipotle and Discount Tire are adjacent tenants with recently built new store locations.
- Dense trade area: ±150,300 residents within 3 miles generating ±$1.07 billion in annual retail demand (Esri 2026).
- Flexible shell space: vacant suites suit retail, medical, restaurant and service users
- Recent development with attractive modern features and desirable space
Available Opportunities
No Currently Available OpportunitiesDemographic Information
| Population (3m) | 157,548 |
|---|---|
| Average Household Income (3m) | $117,064 |
| Traffic Count | N Fry Rd: 34,218 VPD (Source: Placer AI 2025) W Little York: 17,321 VPD (Source: Placer AI 2025) |
