4557 Sam Houston PkwyPasadena, TX 77505

For Sale
Call for price

Value-add shopping center, 77% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This Pasadena, Texas shopping center presents a compelling value-add opportunity. The 37,103 square foot property, built in 2017 and 2018, sits on a 5.85-acre lot and boasts a diverse tenant mix within a single building. Currently 77% occupied, the center offers significant potential for increased rental income through leasing of the remaining 8,650 square feet (23% of the total space). The property benefits from a strategic location at a signalized intersection of Crenshaw Road and Beltway 8, a major Houston thoroughfare with high daily traffic volume (nearly 100,000 vehicles). Shadow-anchored by Academy Sports + Outdoors and Burlington, the center draws substantial traffic from these high-volume retailers. The tenant lineup includes e-commerce-resistant businesses catering to daily needs, creating a strong cross-shopping ecosystem. The surrounding area boasts a population exceeding 278,000, with average household incomes within a one-mile radius exceeding $121,000. Nearby retail giants such as HEB, Target, Home Depot, Lowe's, Ross, Hobby Lobby, Walmart, HomeGoods, Marshalls, Best Buy, and Michaels further enhance the property's strategic position within a super-regional trade area. This established center offers a rare chance to capitalize on a strong tenant base and significant upside potential in a high-demand location.

Highlights

  • Significant value-add opportunity: 23% (8,650 SF) of the 37,103 SF building is available for lease, offering substantial rental income growth potential.
  • Prime Pasadena location: Situated at a signalized intersection of Crenshaw Road and Beltway 8, a major Houston thoroughfare with nearly 100,000 vehicles daily, within a super-regional trade area.
  • Strong shadow anchors: Academy Sports + Outdoors and Burlington draw significant traffic, benefiting existing tenants.
  • E-commerce resistant tenant mix: Diverse tenant lineup caters to daily needs, creating a robust cross-shopping environment.
  • Exceptional demographics: Trade area boasts a population exceeding 278,000, with average household incomes over $121,000 within a one-mile radius.
  • High visibility and accessibility: Located on an 8-lane highway at a signalized intersection, ensuring high visibility and convenient access.

Property Details for 4557 Sam Houston Pkwy

Property type
Lifestyle centers, Power centers
Square Feet
37,103 SF
Year Built
2017
Buildings
1
Lot Size (sq. ft)
254,826 SF

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.641661415992
Longitude
-95.156089348675
4557 Sam Houston Pkwy, Pasadena, Texas
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4557 Sam Houston Pkwy
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