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    3737-3743 Red Bluff Rd Pasadena, TX 77503

    For Lease
    $25 SF/Yr ($2,231 /Mo)

    Fully occupied office space with credit tenants and growth potential.

    Property size:
    1,071 SF
    Lot size:
    5.32 Acres

    Property Features for 3737-3743 Red Bluff Rd

    General Information

    Size
    1,071 SF
    Lot size
    5.32 Acres

    Source: Avison Young Agent Brad Sinclair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space with Strong Tenants

    This office space is currently 100% occupied by several strong credit tenants, featuring a remaining weighted average lease term of approximately 3.68 years. The property demonstrates strong re-lease potential, supported by new leases, renewals, and expansions signed for all tenants since December 2018. Assured cash flow growth is facilitated through contractual rent increases in all leases. The largest tenant, JVIC, has been progressively expanding and continues to grow into the building in a market with limited office inventory. UTMB Health also recently renewed for five years at a significant rent increase. Significant recent tenant improvements of over $850,000 have been completed in the last several years. The property contains 1071 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1556543
    Latitude
    29.6857494

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    FAQs

    What type of property is this?
    Office space - Fully occupied office space with credit tenants and growth potential.
    Where is this office space located?
    The property is located at 3737-3743 Red Bluff Rd Pasadena, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - 100% Occupancy with Strong Credit Tenants; - Assured Cash Flow Growth Through Contractual Rent Increases; - Strong Re-Lease Potential Evidenced by Recent Leasing Activity
    (713) 209-5965
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    3737-3743 Red Bluff Rd Pasadena, TX 77503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3737-3743 Red Bluff Rd Pasadena, TX 77503
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