3322-3330 Spencer Hwy | Pasadena, TX 77504
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3322-3330 Spencer Hwy
Pasadena, TX 77504
Pasadena Center · Retail Property For Sale
Investment Highlights
- Value-Add investment opportunity ideal for owner user.
- Signalized intersection.
- Anchored by Family Dollar.
- Established employment hub.
Executive Summary
Pasadena Shopping Center is currently 36% occupied, creating a value-add investment opportunity. Additionally, the center is an ideal investment for a user who would like to own their own property. Pasadena Shopping Center is anchored by Family Dollar (NYSE: FDO), a member of the Dollar Tree parent company. The Property is strategically positioned at the signalized intersection of Spencer Hwy & Strawberry Rd in the heart of Pasadena with exposure to over 47,500 cars per day. Employment in Pasadena is closely linked to the ship channel industries, Bayport Industrial District and the Lyndon B. Johnson Space Center in the adjacent Clear Lake market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
26,050 SF
Building Class
B
Year Built/Renovated
1998/2022
Price
$4,977,455 CAD
Price Per SF
$191 CAD
Percent Leased
36%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.93 AC
Zoning
None - No zoning
Parking
150 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0610870000122 | Improvements Assessment | $665,154 CAD |
| Land Assessment | $1,079,156 CAD | Total Assessment | $1,744,311 CAD |
PROPERTY TAXES
Parcel Number
0610870000122
Land Assessment
$1,079,156 CAD
Improvements Assessment
$665,154 CAD
Total Assessment
$1,744,311 CAD
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