909 Shaver St, Pasadena, TX
13,093 square foot warehouse space for lease in Pasadena.
Property Features for 909 Shaver St
General Information
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Investment Insights
Based on property information with market context.
Key Highlights
- 13,093 square foot warehouse space
- For lease
- Located in Pasadena
Financial Insights For Industrial
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 | $232.5k | $17.76 |
| − Vacancy | −$24.4k | −$1.86 |
| EGI | $208.1k | $15.90 |
| − OpEx | −$62.4k | −$4.77 |
| NOI | $145.7k | $11.13 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Market
Vacancy Rate% for Industrial in South region
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