5150 Crenshaw Road Pasadena, TX 77505
Office property with 2,191 square feet available for purchase.
Property Features for 5150 Crenshaw Road
General Information
- Standard status
- Active
- Size
- 2,191 SF
- Property subtype
- Office
Listing office Qualified Properties Inc (713) 823-3900
Listing date Jan 31, 2024
Source Crexi
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 Qualified Properties Inc
Investment Insights
Based on property information with market context.
Key Highlights
- No property information was provided to extract selling points.
Local Financial Insights For Office B
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 | $65.2k | $29.76 |
| − Vacancy | −$15.7k | −$7.17 |
| EGI | $49.5k | $22.59 |
| − OpEx | −$12.4k | −$5.65 |
| NOI | $37.1k | $16.94 |
