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    3330 Spencer Hwy Pasadena, TX 77504

    For Lease
    $16 SF/Yr

    16,641 SF Retail Space - Fully Vacant

    Lot size:
    16,641 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16,641-square-foot retail shopping center presents a unique investment opportunity in the thriving city of Pasadena, Harris County, Texas. Currently fully vacant, this property offers unparalleled flexibility for a single large tenant or multiple smaller businesses. Strategically located at the signalized intersection of Spencer Highway and Strawberry Road, it boasts exceptional visibility and accessibility, benefiting from an estimated daily traffic count of approximately 47,500 vehicles. The property's prime location ensures high exposure and significant foot traffic. Its adjacency to a Kroger-anchored shopping center further enhances its appeal and provides a synergistic retail environment. Convenient access to Beltway 8 ensures easy commutes for both employees and customers. The strong local economy, driven by industries such as the ship channel, Bayport Industrial District, and the proximity to the Lyndon B. Johnson Space Center in nearby Clear Lake, creates a robust and stable market for retail businesses. The asking rent is $16.00 per square foot, plus $4.20 per square foot in NNN charges. This fully vacant space presents a blank canvas for a visionary entrepreneur or investor to create a thriving retail destination. The property's size is divisible, allowing for customization to suit various business needs. This is an exceptional opportunity to establish a presence in a high-traffic, well-established retail corridor.

    Property Features for 3330 Spencer Hwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,641 SF
    Total Rate
    22188

    Unit(s) available at that property

    Space
    Available Space 1 - ±8,813 SF
    Size
    8,813 SF
    Rate per SF
    $16
    Space
    ±7,828 SF 2nd Gen Medical Ofc
    Size
    7,828 SF
    Rate per SF
    $16

    HighLights

    • 16,641 SF retail shopping center in Harris County, Texas.
    • Located at the signalized intersection of Spencer Hwy & Strawberry Rd in Pasadena.
    • High visibility and traffic counts (approx. 47,500 cars/day).
    • Adjacent to a Kroger‑anchored center.
    • Easy Beltway 8 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carlos Consultorio Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1934615
    Latitude
    29.664196

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    FAQs

    What type of property is this?
    Lifestyle center - 16,641 SF Retail Space - Fully Vacant
    Where is this lifestyle center located?
    The property is located at 3330 Spencer Hwy Pasadena, TX.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 16,641 SF retail shopping center in Harris County, Texas.; Located at the signalized intersection of Spencer Hwy & Strawberry Rd in Pasadena.; High visibility and traffic counts (approx. 47,500 cars/day).
    Request Owner's contact information
    3330 Spencer Hwy Pasadena, TX 77504
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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
    3330 Spencer Hwy Pasadena, TX 77504
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