This is the 11592nd most frequent German word.
strasser
The word "Strasser" is not a common German noun but rather a surname.
Here 'Strasser' is part of a proper noun, the name of a street, used as a location in a sentence.
Ich wohnte früher in der Strasserstraße.
I used to live on Strasser Street.
Here 'Strasser' is used as a surname to refer to a person specifically.
Herr Strasser ist mein Lehrer für Geschichte.
Mr. Strasser is my history teacher.
In this sentence, 'Strasser' signifies the name of a company, representing a business entity.