1022-1024 Pasadena Blvd - Medical FOR SALE


Pasadena, TX 77506
$845,000 USD
713-408-0604
1022-1024 Pasadena Blvd, Pasadena, TX for Sale
$845,000 USD
Medical - FOR SALE
1/44
null | 6.94% Cap Rate

1022-1024 Pasadena Blvd
Pasadena, TX 77506


HIGHLIGHTS

  • Recently renovated interior and exterior, new roof, (2017), new soffits, updated electrical wiring, new interior and exterior paint
  • 90% occupied with a high cap rate
  • Loyal tenants
  • Lots of natural light, large open courtyard.

OVERVIEW

Pasadena's Hottest Commercial Property is Waiting for You: 8,042 sq ft renovated office/retail building, 9 suites with 8 currently rented to loyal tenants, Stunning open courtyard and abundant natural light, Prime location just off Pasadena Blvd near the beltway Imagine owning a thriving, fully-leased commercial property in one of Pasadena's most sought-after areas. This exceptional property puts that dream within your reach. This recently updated building boasts an impressive array of amenities that attract and retain top-tier tenants. From the beautiful open courtyard, the abundance of natural light, to the well maintained building with modern fixtures and recent updates, every detail has been carefully considered to create a workspace that businesses are eager to call home. As an investor, you'll enjoy the peace of mind that comes with 8 of the 9 suites already occupied by long-term, reliable tenants. This means a steady, hands-off stream of rental income from day one - freeing you up to focus on growing your portfolio. Whether you're an experienced investor or just starting out, this Pasadena Blvd gem offers the chance to build lasting wealth through real estate. Don't miss your chance to capitalize on the area's growth and secure your financial future.

FOR SALE DETAILS

PRICE

$845,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

6.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

Commercial

APN/PARCEL ID

0650330000052

ASK ABOUT THIS PROPERTY

Trevor HondrosPriority One Real EstateMore Info
713-408-0604

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Trevor HondrosPriority One Real EstateMore Info
713-408-0604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.