Pasadena Park Plaza, located at 6790-6818 Spencer Hwy, Pasadena, TX 77505 (the “Property”), is a 156,202 SF shopping center anchored by Big Lots, Harbor Freight Tools, Dollar Tree, and Home Outlet. Additional shop space is leased to several corporates—Shoe Show, Cato, Ace Cash Express, and Remco Insurance—along with a diverse mix of service-oriented tenants. The tenancy is notably stable: more than 69 percent of occupants have been in place for over 15 years, and the center’s weighted-average occupancy exceeds 10 years.
Situated at the high-traffic intersection of Spencer Hwy and Red Bluff Road (combined traffic count: 49,000+ vehicles per day), Pasadena Park Plaza ranks among the most visited retail centers in Texas. Placer.ai reports roughly 866,000 visitors over the past 12 months, placing the plaza in the top 13 percent of retail centers statewide and the top 6 percent (16th of 287) within a 30-mile radius. Anchor performance is exceptional: Harbor Freight Tools ranks in the top 1 percent statewide (2nd of 104); Dollar Tree is in the top 28 percent locally (19th of 65); and Big Lots is in the top 12 percent locally (2nd of 9).
Ample parking is available to serve tenants and customers.