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1502 Shaver St 4,800 SF of Retail Space Available in Pasadena, TX 77502
HIGHLIGHTS
- Businesses in this area have access to a variety of shopping options, including big-box stores, specialty shops, and malls.
- With several major employers located in the area, businesses can benefit from the increased foot traffic and the potential for more customers.
- South Houston has some of the most competitive rental rates in the area, which can be a major benefit for businesses looking to lease retail space.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 | 4,800 SF | Negotiable | $8.27 CAD/SF/YR $0.69 CAD/SF/MO $39,713 CAD/YR $3,309 CAD/MO | Triple Net (NNN) |
1502 Shaver St - 1st Floor - Ste 120
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,800 SF | Frontage | 126’ on Shaver |
| Center Type | Strip Center | Gross Leasable Area | 10,037 SF |
| Parking | 32 Spaces | Total Land Area | 0.39 AC |
| Stores | 16 | Year Built | 1956 |
| Center Properties | 1 |
| Total Space Available | 4,800 SF |
| Center Type | Strip Center |
| Parking | 32 Spaces |
| Stores | 16 |
| Center Properties | 1 |
| Frontage | 126’ on Shaver |
| Gross Leasable Area | 10,037 SF |
| Total Land Area | 0.39 AC |
| Year Built | 1956 |
ABOUT THE PROPERTY
Property Description This 4,800 sq ft retail space located at 1502 Shaver St in Pasadena, TX offers a great opportunity for businesses looking for high visibility and flexible floor plans. The space features a large open area, as well as individual office spaces, making it ideal for a variety of businesses. Additionally, the space includes plenty of parking for customers and employees, and is easy to access from major highways and transportation routes. With competitive rental rates and flexible lease terms, this is the perfect place to start or grow your business. Location Description Pasadena Highlands in South Houston is a great economic center for retail businesses. The area is filled with a variety of stores, offering all types of products and services for customers. Additionally, the area offers plenty of employment opportunities, with many companies offering competitive wages and benefits. The area also has a thriving art and culture scene, with a wide variety of events and activities to enjoy. With its convenient location and diverse range of offerings, Pasadena Highlands is an ideal location for retail businesses.
NEARBY MAJOR RETAILERS
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1502 Shaver St
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