Shaver Street Center_Property for Sale
Shaver Street Center_Property for Sale
3845 Shaver St, Pasadena, TX, 77504-2600, US

Shaver Street Center

Description

JLL is pleased to present Shaver Street Center, a 21,926-square-foot center is currently 96% leased to 14 long tenured tenants averaging 15 years in occupancy. With current rents 16.3% below market, this asset offers a compelling mark-to-market yield story while delivering steady in-place cash flow through its staggered rollover schedule. Positioned on the hard corner of Fairmont Parkway and South Shaver Street, the asset benefits from 40,000 VPD and sits directly across from El Rancho Hispanic Grocery, a high-performing shadow anchor that drives consistent daily traffic.

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Attributes

Building area gross
21,926 sf
Occupancy
96%
Year built
1978
Land area gross
1.56 acres

Media

Investment Highlights

  1. 16.3% mark-to-market upside across a diverse tenant mix
  2. 96% leased asset with immediate yield growth potential
  3. Located across from El Rancho Hispanic Grocery
  4. Projected 5-year NOI CAGR of 7%


Shaver Street Center 4_Property for Sale
Shaver Street Center 4_Property for Sale

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Shaver Street Center (0 Properties)

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Last updated
21 Jan 2026