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3333 Red Bluff Rd

3,600 SF Retail Building Pasadena, TX 77503 $720,800 ($200/SF) 6.25% Cap Rate

Investment Highlights

  • High traffic area.

Executive Summary

TD Commercial Group is pleased to present an exclusive opportunity to acquire the Loan Star Title Loans property located at 333 Red Bluff Rd, Pasadena, TX. Strategically positioned in a vibrant commercial area, this property benefits from a prime location that enhances Loan Star Title Loans’ operational efficiency.
Loan Star Title Loans has been a fixture at this site for several years, providing essential financial services to the local community. The property boasts an Absolute NNN lease with a long-term commitment, along with multiple renewal options, ensuring a stable income stream for investors. The area is home to many national tenants, including Walmart, H-E-B, AutoZone, Taco Bell, Starbucks, and various other retail and dining establishments, making it a highly desirable investment opportunity.
ATTRACTIVE ECONOMICS The new lease terms offers investors a rare opportunity to acquire a portfolio deal with a 20 year lease under $5Million that offers a return on 6.25%.
ENORMOUS COMMITMENT Tenant recently agreed to a 20 year lease with 3% Annual increases built into the lease.
3% ANNUAL INCREASES!!!
425+ LOCATIONS SMR currently has 425+ locations in 16 states across the United States And is rapidly growing Nationwide.
NO LANDLORD RESPONSIBILITIES Tenant is responsible for all maintenance, utilities, taxes and insurance. There is ZERO Landlord Responsibilities except cashing the monthly Rent check! This is a pure PASSIVE Income Investment.
*Available individually or as a portfolio.

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1967/1983
Price
$720,800
Price Per SF
$200
Cap Rate
6.25%
NOI
$45,050
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.42 AC
Zoning
N/Ap, Harris
Parking
18 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
123 FT on Red Bluff rd

Amenities

  • Air Conditioning

Nearby Major Retailers

United Rentals
Herc Rentals
The YMCA
Taquerias Arandas
Giant
Kroger
Amegy Bank
Pappas Bar-B-Q
  • Listing ID: 33464106

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 3333 Red Bluff Rd, Pasadena, TX 77503

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