111 W Southmore Ave Pasadena, TX 77502
For Lease
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This 14,160 square foot retail strip center in Pasadena, Texas presents an excellent business opportunity. Currently, 10,000 square feet of retail space is immediately available for lease, with flexible options ranging from approximately 2,500 to 10,000 square feet. The property boasts a prime location on Southmore Avenue, offering exceptional visibility and approximately 118 feet of frontage. Situated in a high-density residential and commercial area, this location benefits from over 9,000 vehicles passing daily. Its convenient location is just off the southwest corner of Southmore Avenue and Shaver Street, east of Allen Genoa Road, and less than 1.5 miles from Highway 225. The property is also within easy reach of downtown Houston, Hobby Airport, schools, and other major freeways. Built in 1958, this 0.36-acre property is located in Harris County and within the Pasadena ISD. A tenant improvement allowance is available, subject to landlord approval. A full demographic package is available upon request. This is a move-in ready space perfect for a variety of retail businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.