2702 Cherrybrook Lane, Pasadena, TX
Retail property available for sale in Pasadena, Texas.
- Added:
- May 25, 2025
- Days on Market:
- 382
- Last Refresh:
- May 19 at 10:14 pm
Property Features for 2702 Cherrybrook Lane
General Information
- Standard status
- Active
- Size
- 18,342 SF
- Lot size
- 0.88 Acres
- Property subtype
- RETAIL
Listing agent Farid Chatur License #0599697 (832) 282-0224
Listing office Apex Brokerage, LLC (832) 282-0224
Listing date May 25, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Apex Brokerage, LLC
HighLights
- Retail property available for sale.
- Located in Pasadena, Texas.
- Property is for sale.
- Retail property.
- Located in Texas.
- Pasadena location.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.2k | $18.00 |
| − Vacancy | −$19.8k | −$1.08 |
| EGI | $310.3k | $16.92 |
| − OpEx | −$93.1k | −$5.08 |
| NOI | $217.2k | $11.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.1743
- Latitude
- 29.6763
