3330 Spencer Hwy Pasadena, TX 77504
For Sale
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This exceptional 16,641-square-foot retail shopping center presents a unique investment opportunity in the thriving city of Pasadena, Harris County, Texas. Currently fully vacant, this property offers unparalleled flexibility for a single large tenant or multiple smaller businesses. Strategically located at the signalized intersection of Spencer Highway and Strawberry Road, it boasts exceptional visibility and accessibility, benefiting from an estimated daily traffic count of approximately 47,500 vehicles. The property's prime location ensures high exposure and significant foot traffic. Its adjacency to a Kroger-anchored shopping center further enhances its appeal and provides a synergistic retail environment. Convenient access to Beltway 8 ensures easy commutes for both employees and customers. The strong local economy, driven by industries such as the ship channel, Bayport Industrial District, and the proximity to the Lyndon B. Johnson Space Center in nearby Clear Lake, creates a robust and stable market for retail businesses. The asking rent is $16.00 per square foot, plus $4.20 per square foot in NNN charges. This fully vacant space presents a blank canvas for a visionary entrepreneur or investor to create a thriving retail destination. The property's size is divisible, allowing for customization to suit various business needs. This is an exceptional opportunity to establish a presence in a high-traffic, well-established retail corridor.
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Carlos Consultorio Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.