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2710 Shaver St 6,489 SF 100% Leased Industrial Building Pasadena, TX 77502 $699,000 ($107.72/SF) 6.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Unveil a distinctive layout showcasing 4 shops on each side, offering a dynamic investment opportunity
EXECUTIVE SUMMARY
?? Rare Opportunity with Built-In Upside
This strategically positioned warehouse portfolio features 8 units across 3 freestanding buildings (4 units per building), offering investors a stable asset with significant upside potential.
?? Intentionally Below-Market Rents
Current rents are intentionally under market, a decision made by the landlord to reward a loyal long-term tenant. This creates a built-in value-add opportunity for the next owner to increase income with minimal effort.
?? Turnover-Friendly Setup
Enjoy a seamless turnover process. Units are independently metered, well-maintained, and offer flexible configurations — making them ideal for repositioning, releasing, or bringing rents to market level.
?? Strong Cash Flow Growth Potential
Perfect for the buyer who wants a secure, income-generating asset with a clear path to boost RO
This strategically positioned warehouse portfolio features 8 units across 3 freestanding buildings (4 units per building), offering investors a stable asset with significant upside potential.
?? Intentionally Below-Market Rents
Current rents are intentionally under market, a decision made by the landlord to reward a loyal long-term tenant. This creates a built-in value-add opportunity for the next owner to increase income with minimal effort.
?? Turnover-Friendly Setup
Enjoy a seamless turnover process. Units are independently metered, well-maintained, and offer flexible configurations — making them ideal for repositioning, releasing, or bringing rents to market level.
?? Strong Cash Flow Growth Potential
Perfect for the buyer who wants a secure, income-generating asset with a clear path to boost RO
PROPERTY FACTS
| Price | $699,000 | Lot Size | 0.36 AC |
| Price Per SF | $107.72 | Rentable Building Area | 6,489 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.34% | Year Built | 1986 |
| Property Type | Industrial | Parking Ratio | 3.08/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 8 |
| Building Class | C |
| Price | $699,000 |
| Price Per SF | $107.72 |
| Sale Type | Investment |
| Cap Rate | 6.34% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.36 AC |
| Rentable Building Area | 6,489 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 3.08/1,000 SF |
| No. Drive In / Grade-Level Doors | 8 |
AMENITIES
- Signage
UTILITIES
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Azteca Service
- Professional, Scientific, and Technical Services
- -
- -
- -
- Faa State Inspection 2
- Professional, Scientific, and Technical Services
- -
- -
- -
- Primos Alarm & Tint
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Azteca Service | Professional, Scientific, and Technical Services | - | - | - | ||
| Faa State Inspection 2 | Professional, Scientific, and Technical Services | - | - | - | ||
| Primos Alarm & Tint | Services | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0610860000030 | Improvements Assessment | $266,347 |
| Land Assessment | $155,940 | Total Assessment | $422,287 |
PROPERTY TAXES
Parcel Number
0610860000030
Land Assessment
$155,940
Improvements Assessment
$266,347
Total Assessment
$422,287
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2710 Shaver St
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