6443 Fairmont Pkwy
Pasadena, TX
Price:
$3,142,250
Cap Rate:
7.00%
NOI:
$219,965
Building Size:
Approx. 8,344 Sq. Ft.
Lot Size:
Approx. 0.85 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Retailer
Year Built:
2017
Investment Overview
- 8,344+/- SF Building on 0.85 +/- Acre Site
- New 2017 construction retail center | 100% leased | All tenants on new
10-year leases with scheduled rent increases in the primary terms and option periods
- Strategically located in Pasadena, TX (Houston MSA) on Fairmont Parkway (17,000+ VPD), a major east/west thoroughfare with excellent visibility
- Stellar population and income demographics | Over 81,000 and 236,000 people
within a three and five-mile radius respectively
- Greater Houston (MSA) | 5th largest MSA in the U.S. | Population 7M+