713-417-1835
4557-4573 E Sam Houston Pky S, Pasadena, TX for Sale
Storefront - FOR SALE
1/6
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4557-4573 E Sam Houston Pky S
Pasadena, TX 77505


HIGHLIGHTS

  • At 77% leased, the property offers a major value enhancement opportunity
  • Strategic market position in the heart of Pasadena's main retail corridor
  • Shadow anchored by Academy Sports and other national tenants, drawing over 3.5 million annual visitors to the site
  • Consumer-centric tenant mix providing e-commerce resistant and service tenants
  • Strong demographics with an expanded trade area, providing significant regional draw
  • Located at the dominant signalized intersection of Crenshaw Road and Beltway 8 with exposure to nearly 100,000 CPD

OVERVIEW

Edge Capital Markets has been exclusively retained to present the opportunity to acquire The Market at Crenshaw, a 77% leased, 37,103 square foot well-positioned strip center occupied by consumer-centric retailers and shadow-anchored by Academy Sports and Outdoors and Burlington in Pasadena (Houston), Texas. The Property’s tenant line-up comprises a diverse collection of retailers that complement each other and fully serve the daily needs of the surrounding trade area by providing e-commerce-resistant experiences and services. The Market at Crenshaw is a shopping destination featuring jewelry, fast-casual restaurants, dental, cosmetic services, music, and art. This established tenant collection promotes a cross-shopping ecosystem, creating a steady consumer draw. The Property is at a signalized intersection of Crenshaw Road and Beltway 8, an 8-lane highway that is one of Houston’s most heavily traf?cked thoroughfares with abundant ingress/egress points that govern the ease of traf?c ?ow in and around the Property. The section of Beltway 8 between Crenshaw and Fairmount Parkway serves as a super-regional trade area featuring HEB, Target, Home Depot, Lowes, Ross, Hobby Lobby, Walmart, HomeGoods, Marshalls, Best Buy, and Michaels. The tenants are supported by an expanded trade area with a population of over 278,000. The area is comprised of consumers with signi?cant buying power based on exceptional average household incomes of $121,000 within a one-mile radius and ample residential options from single-family to multifamily.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Phase II

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

231

LAND DETAILS

LAND ACRES

5.85 AC

LAND SF

254,826 SF

ZONING

-

APN/PARCEL ID

1328440010001

ASK ABOUT THIS PROPERTY

Kevin HollandEDGE Realty PartnersMore Info
713-417-1835

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Kevin HollandEDGE Realty PartnersMore Info
713-417-1835

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