3737-3743 Red Bluff Rd Pasadena, TX 77503
- Office Properties & Spaces
- 85,530 SF
- 5.32 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3737-3743 Red Bluff Rd
- Year built
- 1985
- Lot size
- 5.32 lot acres
- Property size
- 85,530 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 85,530-square-foot executive office building, situated on 5.32 acres in Pasadena, Texas, presents a compelling investment opportunity. The Class B, three-story property, constructed in 1985, boasts a 100% occupancy rate with four tenants under gross leases. The building features an attractive atrium with skylights in the lobby and a glass-backed elevator, enhancing its aesthetic appeal and functionality. On-site amenities include a property manager, building engineer, card key access, and a security system, ensuring tenant safety and convenience. Ample surface parking is provided at a ratio of 3.89 spaces per 1,000 square feet. The meticulously maintained landscaping complements the professional atmosphere. Strategically located at the northeast corner of Sam Houston Tollway and Red Bluff Road, this property offers unparalleled access to major thoroughfares, including the Sam Houston Tollway, Highway 225, and the Gulf Freeway (Interstate 45). Its proximity to the Houston Ship Channel and Downtown Houston provides significant advantages for businesses operating in the energy, manufacturing, and maritime sectors. The current tenant roster includes several strong credit tenants with a weighted average lease term exceeding 4.18 years, ensuring a stable and predictable cash flow. Recent lease renewals, expansions, and significant tenant improvements exceeding $850,000 further solidify the property's value and potential for future growth. Contractual rent increases are built into all leases, providing assured cash flow growth. This property represents a rare opportunity to acquire a stabilized, high-occupancy office building in a prime location with strong tenant relationships and significant upside potential. The Harris County address is 3737-3743 Red Bluff Rd, Pasadena, TX 77503.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.1557
- Latitude
- 29.6858
