3403-3405 Spencer Hwy - Medical FOR SALE


Pasadena, TX 77504- Southeast Houston
$1,966,430 USD
469-694-4189
3403-3405 Spencer Hwy, Pasadena, TX for Sale
$1,966,430 USD
Medical - FOR SALE
1/5
null | 6.75% Cap Rate

3403-3405 Spencer Hwy
Pasadena, TX 77504
Southeast Houston


HIGHLIGHTS

  • 1990 Construction/2023 Renovation. 5,432+/- SF Building on 0.71+/- Acre Site
  • Ideally Positioned Near the Signalized Intersection of Spencer Hwy (34,000+ VPD) and Strawberry Rd (22,700+ VPD)
  • Located in a Dense Retail Corridor of Pasadena, Across from Spencer Square (~200K SF), a Kroger-Anchored Shopping Center
  • MyEyeDr. Has Grown to Over 820 Locations Nationwide and was Recently Purchased By Goldman Sachs
  • A1 Check Cashers Provides Check Cashing Services, Money Orders Accepted Nationwide, and Bill Payments Services in Their 24 Locations
  • Pasadena | Second Largest City in the Greater Houston Metro | Population: 152,000+

OVERVIEW

Two Tenant Building with NNN Leases that Include a MyEyeDr. Corporate Guarantee With 10+ Years Remaining

FOR SALE DETAILS

PRICE

$1,966,430 USD

PRICE/SF

$349 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MyEyeDr/A1 Check Cashers

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

0660470070040

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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