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Property profile & analytics
OFF-MARKET
Lifestyle centers

4557 Sam Houston Pkwy Pasadena, TX 77505

37,103 SF 5.85 ac lot Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 2017
Total area 37,103 SF
Lot 5.85 ac (254,826 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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