6705 Fairmont Parkway
Pasadena, TX
Price:
$2330000
Cap Rate:
5.15%
NOI:
$120,000
Building Size:
Approx. 1900 Sq. Ft.
Lot Size:
Approx. 0.56 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 1,900+/- SF Building on .56+/- Acre Site
- Located along Fairmont Parkway (52K VPD) & Rhode Street
- RELO – from a HIGH PERFORMING non-drive thru location
- 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: $78,859
- Houston ( MSA) | Sixth Largest MSA in the U.S | Pop: 5,946,800