Starbucks Pasadena, TX

5513 Spencer Hwy
Pasadena, TX

Price: $2060000
Cap Rate: 5.00%
NOI: $103,000
Building Size: Approx. 1850 Sq. Ft.
Lot Size: Approx. 0.43 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 1,850+/- SF Building on .43+/- Acre Site
  • Located along Spencer Hwy (37,000 VPD) and Beltway 8 (75,000 VPD)
  • Near CVS, Citgo, Texas Roadhouse, Buba’33, Advance Auto, Cheddar’s
  • Company HQ’s: BP N America, Conoco, Mustang Eng., Diamond Offshore
  • 3-Mile Radius: 2016 Est Pop: 120,490 | 3-Mile Avg. HH Income: $68,553
  • Greater Houston (MSA): 6th Largest MSA in US | Population: 5,946,800

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