Anne Vickery Real Estate
Listed by Anne Vickery Real Estate
$4,000,000
AMG 908 Southmore
Details
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 42,318
Net Rentable (SqFt) 42,318
Units 25
Cap Rate 7.50%
Occupancy 38%
Tenancy Multi
Lease Type NNN
Price per SqFt $95
Broker Co-Op Yes
Class B
Year Built 1985
Year Renovated 2019
Buildings 1
Stories 3
Lot Size (SqFt) 113,988
Zoning F1
Investment Type Net Lease
Occupancy Date 04/02/2026
Ownership 100
Sale Condition For sale by owner
Strategic Medical Office Opportunity in Pasadena, Texas
Marketing description
42,318 SF Medical / Professional Office | Value‑Add Opportunity
Three‑story medical office building located on a prime corner along Southmore Avenue in Pasadena, TX. Currently 38% leased with significant upside through lease‑up. Features include ample parking (surface + covered), elevator service, new 200‑ton chiller, and strong surrounding residential density. Ideal for investors or medical owner‑users.
Investment highlights
- 42,318 SF medical/professional office building
- Prime Pasadena intersection with strong demographics
- 38% leased with 62% upside
- New 200‑ton HVAC system
- Ample surface and covered parking
- Strong current income with lease‑up value creation
- Offered at $4.0M with double‑digit stabilized return potential
Listing Contacts
Anne Vickery Real Estate
Listed by Anne Vickery Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
