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MyEyeDr./A1 Check Cashers 3403-3405 Spencer Hwy

5,432 SF 100% Leased Office Building Pasadena, TX 77504 $1,966,430 ($362/SF) 6.75% Cap Rate

Medical Offices Texas Pasadena 3403-3405 Spencer Hwy, Pasadena, TX 77504

Investment Highlights

  • Two Tenant Building with NNN Leases that Include a MyEyeDr. Corporate Guarantee With 10+ Years Remaining
  • Located in a Dense Retail Corridor of Pasadena, Across from Spencer Square (~200K SF), a Kroger-Anchored Shopping Center
  • A1 Check Cashers Provides Check Cashing Services, Money Orders Accepted Nationwide, and Bill Payments Services in Their 24 Locations
  • Ideally Positioned Near the Signalized Intersection of Spencer Hwy (34,000+ VPD) and Strawberry Rd (22,700+ VPD)
  • MyEyeDr. Has Grown to Over 820 Locations Nationwide and was Recently Purchased By Goldman Sachs
  • Pasadena | Second Largest City in the Greater Houston Metro | Population: 152,000+

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,432 SF
Building Class
C
Year Built/Renovated
1990/2023
Price
$1,966,430
Price Per SF
$362
Cap Rate
6.75%
NOI
$132,734
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,432 SF
Building FAR
0.18
Land Acres
0.71 AC

Links

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Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 0660470070040 Improvements Assessment $409,207
Land Assessment $462,285 Total Assessment $871,492

PROPERTY TAXES

Parcel Number
0660470070040
Land Assessment
$462,285
Improvements Assessment
$409,207
Total Assessment
$871,492
(469) 694-4189

  • Listing ID: 33055364

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 3403-3405 Spencer Hwy, Pasadena, TX 77504

More public record information on 3403-3405 Spencer Hwy, Pasadena, TX 77504

The Office Property at 3403-3405 Spencer Hwy, Pasadena, TX 77504 is currently available For Sale. Contact Secure Net Lease for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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MyEyeDr./A1 Check Cashers | 3403-3405 Spencer Hwy
(469) 694-4189 x

MyEyeDr./A1 Check Cashers | 3403-3405 Spencer Hwy

1/2

Kyle Varni

(469) 694-4189

(469) 694-4189

Bob Moorhead

(214) 915-8890

(214) 915-8890

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