6500 Spencer Hwy Pasadena, TX 77505
- Grocery and convenience stores
- 14,000 SF
- 2.98 lot acres
Current Use by Public Records
- La Michoacana Meat Market / Bakery / Convenience Store
- Barri Booth / Money Transfer Service / Check Cashing Service
- Clinica Hispana Buena Vida / Medical Clinic
- Farmacia Central Rx / Pharmacy
- Vigo / Money Transfer Service / Money Order Service
Property Details for 6500 Spencer Hwy
- Year built
- 2011
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.98 lot acres
- Property size
- 14,000 SF
- Property type
- Grocery and convenience stores
- APN
- 211580010001
- APU
- 211580010001
Description
The Spencer Strip Center offers a fantastic retail investment opportunity in a high-traffic location. This single-story, 21,600 square foot building, constructed in 2011, sits on a 1.5-acre lot and features two suites, with 5,700 square feet currently vacant. The minimum divisible space is 1,200 square feet, while the maximum contiguous space available is 3,500 square feet. The property boasts ample parking, with a ratio of 5 spaces per 1000 square feet. Its strategic location benefits from its proximity to a popular La Michoacana meat market and an apartment complex across the street, ensuring high visibility and foot traffic. The center is zoned commercial and features a large pylon sign for excellent branding opportunities. The low triple net (NNN) expenses make this a particularly attractive investment. This property is ideal for a variety of retail uses, including, but not limited to, dental clinics, offices, and hair salons, as indicated by its previous tenants. The existing infrastructure and convenient location provide a strong foundation for immediate occupancy and potential for significant return on investment. Don't miss this chance to secure a prime retail space in a thriving commercial area.
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
- -95.1393
- Latitude
- 29.6643
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA