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Property profile

3937 Spencer Hwy Pasadena, TX 77504

OFF-MARKET
Retail properties & Spaces
3,000 SF
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Property summary

AI-generated overview

Park View East Shopping Center, located at 3937 Spencer Hwy, Pasadena, TX 77504, presents a unique opportunity for retail businesses. This single-story, 3,000 square foot retail center boasts a highly desirable location on Spencer Highway, a primary east-west thoroughfare in Pasadena, offering 480 feet of prime frontage. The property benefits from its proximity to the Sam Houston Tollway (Beltway 8), a major artery connecting the entire Houston metropolitan area, ensuring high traffic volume and excellent visibility. The center is zoned for retail use and features two suites, each potentially divisible down to a minimum of 1,500 square feet, with a maximum contiguous space of 3,000 square feet. Currently, the entire 3,000 square feet is vacant, providing flexibility for a single tenant or the opportunity to lease individual units. The property is classified as a non-restaurant, hard corner location with endcap and highway frontage. Ample parking is available with 11 spaces. The cross street is Bayshore Ave. This property offers exceptional exposure and accessibility, making it an ideal location for a variety of retail businesses seeking a prominent presence in a high-traffic area of Pasadena. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3937 Spencer Hwy Pasadena, TX 77504
Pasadena metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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