Properties - Houston
Spencer Retail Center - For Sale
7127 Spencer Highway, Pasadena, Texas
77505
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Location: |
7127 Spencer Highway |
Region: |
SE |
Annual
Rent: |
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Key Map: |
538-X |
Triple
NNN Rent: |
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Sale/Lease: |
For Sale |
Class: |
B |
Space
Available: |
0 Square Feet |
Building
Size: |
13,401 Square Feet |
Date Available: |
06/01/2014 |
Land Size: |
42,500 Square Feet |
Status: |
SOLD |
Property
Type: |
Retail |
Occupancy: |
100% |
Price: |
Call for Pricing |
Year Built: |
1982 |
Description: |
Spencer Retail Center is a 13,401 square foot shopping center, strategically built parallel to Spencer Highway for maximum visibility and exposure. Built in 1982, the Center is constructed of decorative concrete block with an attractive plaster canopy, and a bronze anodized aluminum storefront with tinted glass. The foundation and parking lot are constructed of concrete, and the roof is a multi- ply built up tar and gravel roof which was completely replaced in 2004. The property has eight tenant spaces, consisting of suite sizes ranging from 915 square feet to 2,802 square feet, and bay depths of 61’. All leases are "Triple Net", with each tenant being responsible for their own utilities and HVAC systems, as well as most other common area charges, including management fees. The Property also has a multi-tenant pylon sign for additional exposure to Spencer Highway’s over 33,000 cars per day.
The Center is currently 100% leased with primarily retail and service businesses including EZ Money Loan Services, Q Nails, Texas Donuts, Bizarre Bazaar, Spencer Washateria, Rose & Lien Hair Salon, My Liquor and Credeur's Cajun Cooking'. Many Leases provide for rental increases during the term, and expiration dates of the current leases are staggered ranging from 2016-2019.
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Leasing
Agent: |
David Werlin |
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Available
on Full Flyer
Annual Household Income
Population Density
Traffic Counts
Demographic Quick Facts
Additional pictures, aerials, site-plans |
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