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2123 Southmore Ave 7,636 SF 33% Leased Retail Building Pasadena, TX 77502 $990,000 ($129.65/SF) 10% Cap Rate
Executive Summary
Watermill Express pays a monthly rate of $650/Mo - 5 years into their 10 year lease
Food truck pays $260/Mo - 3 year lease
Food truck pays $260/Mo - 3 year lease
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
7,636 SF
Year Built/Renovated
1972/1997
Price
$990,000
Price Per SF
$129.65
Cap Rate
10%
NOI
$99,000
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.58 AC
Zoning
Retail - Retail
Parking
30 Spaces (3.93 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Fully built out as a barber shop. Unit is right next to Unit A.
| Space | Size | Space Use | Position | Available |
| 110 | 2,500 SF | Retail | - | Mar 2028 |
| Unit A | 5,136 SF | Retail | - | Now |
110
| Size |
| 2,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Mar 2028 |
Unit A
| Size |
| 5,136 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
110
| Size | 2,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Mar 2028 |
Fully built out as a barber shop. Unit is right next to Unit A.
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit A
| Size | 5,136 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0321070200028 | Improvements Assessment | $494,907 |
| Land Assessment | $252,000 | Total Assessment | $746,907 |
Property Taxes
Parcel Number
0321070200028
Land Assessment
$252,000
Improvements Assessment
$494,907
Total Assessment
$746,907
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2123 Southmore Ave
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