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Property profile & analytics
OFF-MARKET
Office Spaces

3737-3743 Red Bluff Rd Pasadena, TX 77503

85,530 SF 5.32 ac lot Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1985
Total area 85,530 SF
Lot 5.32 ac (231,739 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
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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