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Off Market
1/7

4015 Red Bluff Rd
Pasadena, TX 77503


HIGHLIGHTS

  • Just Under 9 Years Remaining | Rental Increases | Options To Extend | Extremely Low Rent | Below Replacement Cost
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Outparcel to Hobby Lobby Anchored Center | Primary Retail Corridor
  • Major Thoroughfare | State Highway 8 (69,500 VPD) | Excellent Visibility & Access | Drive-Thru Equipped
  • Close Proximity to Houston Ship Channel (1.2M Employees) | Major Employment Hub
  • Near San Jacinto College Central (30,509 Students) | Strong Demographics In 5-mile Trade Area

OVERVIEW

The subject property is strategically positioned between Pasadena Blvd (15,300 VPD) and Red Bluff Rd (18,800 VPD), both of which serve as exits for State Highway 8 (69,500 VPD), a major commuter thoroughfare looping around the entire Houston MSA. The site is also equipped with a drive-thru, providing ease and convenience for customers. The asset is ideally situated as an outparcel to a Hobby Lobby anchored center, promoting crossover traffic to the site. Other nearby national/credit tenants include a 24-hour Walmart Supercenter, Target, Lowe’s, The Home Depot, Cinemark, Ross Dress for Less, ALDI, Walgreens, CVS Pharmacy, and more, further increasing consumer draw to the trade area. Additionally, Pasadena serves as a major hub of employment for Texas with several prominent oil and gas companies having presence in the market. Just north of the asset is also the Houston Ship Channel, one of the US’s busiest seaports employing over 1.2M people throughout Texas, providing a direct consumer base to draw from. The 5-mile trade is supported by over 82,000 daytime employees, a population of more than 229,600 residents, and an average household income of $71,520.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Louisiana Fried Chicken | Abs NNN | DriveThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

3516

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0572300000012