6439 Fairmont Parkway
Pasadena, TX
Price:
$1250000
Cap Rate:
6.00%
NOI:
$75,000
Building Size:
Approx. 1600 Sq. Ft.
Lot Size:
Approx. 0.28 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2017
Investment Overview
- 2017 Construction. 1,600+/- SF Building on .28+/- Acre Site
- New 10-Year Corp Lease w/ 10% Rent Bumps Every 5 Years
- Located along Fairmont Parkway (52K VPD) & Rhode Street
- Near NASA Johnson Space Center & Houston Ship Channel
- 1-Mile E of Sam Houston Tollway (75K VPD) & Fair Plaza Mall
- Local Attractions: Ship Channel | NRG Stadium | Space Center
- Employers HQ: BP America | Astra Holdings USA| Exxon Mobil
- 3-Mile Radius: 2017 Est Pop: 79,285 | Avg HH Income: $78,959
- Houston ( MSA) | Sixth Largest MSA in the U.S | Pop: 5,946,800