Take 5 Oil – GL

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810 Southmore Avenue
Pasadena, TX

Price: $1,000,000
Cap Rate: 5.5%
NOI: $55,000
Building Size: Approx. 1,634 Sq. Ft.
Lot Size: Approx. 0.9 Acres
Status: Available
Type: / Retail
Sub Category: Automotive Service
Year Built: 2017

Investment Overview

  • 2017 Construction. 1,634+/- SF Building on .90+/- Acre Site
  • New 10-Year Corp, NNN GL w/ 10% Rent Bumps Every 5-Yrs
  • Located along Southmore Ave (25K VPD), W of Pasadena Blvd
  • Adjacent to Whataburger | Near Advance Auto, Discount Tire
  • Subject property is near Pasadena Town Square (744,309 SF)
  • Local Attractions: The Galleria | NRG Stadium | Space Center
  • Employers: BP America HQ | Shell Oil Company | Exxon Mobil
  • 3-Mile Radius: 2017 Est Pop: 136,200 | Avg HH Income:  $52,413
  • Houston ( MSA) | Sixth Largest MSA in the U.S | Pop: 5,946,800