4557 Sam Houston Pkwy Pasadena, TX 77505
This Pasadena, Texas shopping center presents a compelling value-add opportunity. The 37,103 square foot property, built in 2017 and 2018, sits on a 5.85-acre lot and boasts a diverse tenant mix within a single building. Currently 77% occupied, the center offers significant potential for increased rental income through leasing of the remaining 8,650 square feet (23% of the total space). The property benefits from a strategic location at a signalized intersection of Crenshaw Road and Beltway 8, a major Houston thoroughfare with high daily traffic volume (nearly 100,000 vehicles). Shadow-anchored by Academy Sports + Outdoors and Burlington, the center draws substantial traffic from these high-volume retailers. The tenant lineup includes e-commerce-resistant businesses catering to daily needs, creating a strong cross-shopping ecosystem. The surrounding area boasts a population exceeding 278,000, with average household incomes within a one-mile radius exceeding $121,000. Nearby retail giants such as HEB, Target, Home Depot, Lowe's, Ross, Hobby Lobby, Walmart, HomeGoods, Marshalls, Best Buy, and Michaels further enhance the property's strategic position within a super-regional trade area. This established center offers a rare chance to capitalize on a strong tenant base and significant upside potential in a high-demand location.
-
Omni Beauty Bar Hair Salon Nail Salon
-
The Pretty Parlor By Sabrina Andrews Hair Salon Nail Salon
-
Queen nails & spa Nail Salon
-
MY SALON Suite Hair Salon Nail Salon
-
Marconi Dental Aesthetics - Pasadena, TX Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.