20817 Westheimer Pkwy — Lease in Katy, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Katy, TX 77450

Description

Now Available for Sublease, Retail, located at 20817 Westheimer Pkwy. Available square footage 9,085 SF. Please contact us for further information.

Market Context

This retail in Katy, TX is listed for lease. Compare it against other retail listings for lease in Katy, TX — view the full market.

As of Q1 2026, the Houston retail market showed a 5.5% vacancy rate, average asking rents near $21.28/SF/yr, rents up 2.5% year over year, and cap rates around 7.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.5% as of Q1 2026, per multiple brokerage reports.
Is the Houston retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.49/SF/mo – $2.01/SF/mo

Mid: $1.75/SF/mo

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