Tollway-Frontage Shopping
4557 E Sam Houston Pkwy, Pasadena, TX 77505
For Sale
Contact for pricing
Pasadena retail property with established national and franchise tenants, plus vacant suites available for lease.
Property Size37,103 SF
Price / SF$336.90
Days on Market36
Property Features for 4557 E Sam Houston Pkwy
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Anchor Co-Tenants
Traffic Count
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Meybohm Commercial
Listed By:
Luke Henderson · License #SC 130415
(803) 215-5147
Source:
Crexi
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 8 at 5:25PM
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 Meybohm Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Pasadena shopping center contains 37,103 SF and was constructed in 2017–2018. Occupancy is 87.5%, with two vacant suites totaling 4,650 SF. Current tenants include Bath & Body Works, James Avery, Music & Arts, and Hotworx.
The center fronts the Sam Houston Tollway, where traffic is reported at 96,847 VPD. Burlington and Academy Sports + Outdoors anchor the surrounding power center. The trade area includes the Houston Ship Channel petrochemical complex, Port Houston, and a regional healthcare cluster; average household income exceeds $107,000 within 7 miles.
The center fronts the Sam Houston Tollway, where traffic is reported at 96,847 VPD. Burlington and Academy Sports + Outdoors anchor the surrounding power center. The trade area includes the Houston Ship Channel petrochemical complex, Port Houston, and a regional healthcare cluster; average household income exceeds $107,000 within 7 miles.
Key Highlights
- 37,103 SF shopping center built in 2017–2018
- 87.5% occupied, with two available suites totaling 4,650 SF
- Frontage on the Sam Houston Tollway; reported traffic of 96,847 VPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$439,448
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,788,960
$8.8M
Cap Rate 7%
$6,277,829
$6.3M
Cap Rate 9%
$4,882,756
$4.9M
Market Conditions
NOI Build-Up for 37,103 SF
Gross rent
$667.9K $18.00/SF
− Vacancy
−$40.1K −$1.08/SF
EGI
$627.8K $16.92/SF
− OpEx
−$188.3K −$5.08/SF
NOI
$439.4K $11.84/SF
Area
Pasadena, TX
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,788,960
Cap Rate 7%
$6,277,829
Cap Rate 9%
$4,882,756
Alternative Uses
Best Use
Retail
$6.28M
$5.49M – $7.32M
NOI $439,448 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.24M
$10.71M – $14.29M
NOI $857,115 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
96,847 VPD
Traffic count
87.5%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
544k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Superstores 31%
Dining 11%
Shops & Services 10%
Walmart
Superstores
166,525 visits/mo
0.4 miles
Academy Sports + Outdoors
Apparel
83,841 visits/mo
0.2 miles
Ross Dress for Less
Apparel
59,333 visits/mo
0.4 miles
Burlington
Apparel
51,519 visits/mo
0.2 miles
Barnes & Noble
Shops & Services
34,326 visits/mo
0.5 miles
Demographics for 77505, TX
23,584
Population
8,817
Households
2.7
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
8.4 sq mi
ZIP Area
2,808
Density / Sq Mi
$94,643
Median Household Income
$52,193
Median Earnings
$1,522
Median Rent
$276,100
Median Home Value
Market
Properties on Market for Shopping centers in Harris County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Resi Plaza — 4805 East Sam Houston Pkwy S, Pasadena, TX 77505
- Time Square Pasadena — 4450 East Sam Houston Pkwy S, Pasadena, TX 77505
- Quick-Tag — Walmart, 5200 Fairmont Pkwy, Pasadena, TX 77505
- NIKE TIENDA — 5830 Fairmont Pkwy, Pasadena, TX 77505
- Fairway Plaza — 5838 Fairmont Pkwy, Pasadena, TX 77505
Frequently Asked Questions
What type of property is this?
Shopping center - Pasadena retail property with established national and franchise tenants, plus vacant suites available for lease.
Where is this shopping center located?
The property is located at 4557 E Sam Houston Pkwy Pasadena, TX.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 37,103 SF shopping center built in 2017–2018; 87.5% occupied, with two available suites totaling 4,650 SF; Frontage on the Sam Houston Tollway; reported traffic of 96,847 VPD
