524 Pasadena Blvd - Retail FOR SALE


Pasadena, TX 77506- Downtown Pasadena
$6,149,739 USD
203-887-8797
524 Pasadena Blvd, Pasadena, TX for Sale
$6,149,739 USD
Retail - FOR SALE
1/2
null | 8% Cap Rate

524 Pasadena Blvd
Pasadena, TX 77506
Downtown Pasadena


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Attractive 2% Annual Rental Increases
  • Robust Traffic Counts

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 524 Pasadena Boulevard, Pasadena, Texas 77506. The site consists of roughly 4935 rentable square feet of building space on an estimated 0.54-acre parcel of land. This Pinnacle Oil & Gas is subject to a 20-year Triple Net (NNN) lease, which commenced 7/29/2025. The current annual rent is $491,979 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$6,149,739 USD

PRICE/SF

$1,301 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinnacle Oil & Gas

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

None

APN/PARCEL ID

0690840070001

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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