Shops at Fairmont Pasadena, TX

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┬álargest MSA in the U.S. | Population 7M+