$1,050,000 USD
832-640-7384
6926 Spencer Hwy
Pasadena, TX 77505
Southeast Houston
HIGHLIGHTS
- ESTABLISHED DEMOGRAPHICS – Over 204,012 residents within a ±5-mile radius, with the population projected to exceed 200,000 by 2029.
- HIGH TRAFFIC COUNTS – Positioned along Spencer Highway, a major Pasadena thoroughfare, with traffic volumes exceeding ±31,500 vehicles per day (VPD).
- ADJACENT TO NATIONAL RETAILERS – Located next to Kroger, Dollar Tree, Harbor Freight, KFC, Pizza Hut, Chase Bank, and LA Fitness.
- PROXIMITY TO MAJOR HIGHWAY – Situated ±1.5 miles from Beltway 8, a key highway connecting the Greater Houston area and surrounding suburbs.
- RECENT RENOVATIONS – Renovated in 2024, minimizing near-term capital expenditure requirements and supporting tenant operational efficiency.
- LARGE PARCEL SIZE – Parcel exceeds ±21,000 SF and includes 45 dedicated parking spaces to accommodate significant customer traffic.
FOR SALE DETAILS
PRICE
$1,050,000 USD
PRICE/SF
$306 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
JOE'S ITALIAN GRILL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
Unrestricted
APN/PARCEL ID
0791570010005
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832-640-7384
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832-640-7384
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