Harris Professional Pavilion | 4600 Fairmont Pky
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Harris Professional Pavilion 4600 Fairmont Pky
17,636 SF 90% Leased Office Building Pasadena, TX 77504 $3,738,000 ($212/SF) 8% Cap Rate
Investment Highlights
- Sought after medical office opportunity in Houston, Texas - HCA Healthcare
- Dense infill Houston, Texas location. The population in a one mile radius exceeds 15,600 people, with an average income of $79,000
- Upside to lease remaining 1,800 sf vacancy
- Established Tenant Mix Includes: Advanced Dental Associate, Proactive Physical Therapy Centers, HCA Healthcare, and Success on the Spectrum
- Triple net lease leases with rent increases in primary terms and options
- Attractively priced at $242 per square foot
Executive Summary
-Sought after medical office opportunity in Houston, Texas - HCA Healthcare
-Harris Professional Pavilion fronts Fairmont Parkway with daily traffic count exceeding 23,500 cars per day
-Established Tenant Mix Includes: Advanced Dental Associate, Proactive Physical Therapy Centers, HCA Healthcare (Women’s Associates OBGYN), and Success on the Spectrum
-Dense infill Houston, Texas location. The population in a one mile radius exceeds 15,600 people, with an average income of $79,000
-Triple net lease leases with rent increases in primary terms and options
-Upside to lease remaining 1,800 sf vacancy
-Attractively priced at $242 per square foot
-Harris Professional Pavilion fronts Fairmont Parkway with daily traffic count exceeding 23,500 cars per day
-Established Tenant Mix Includes: Advanced Dental Associate, Proactive Physical Therapy Centers, HCA Healthcare (Women’s Associates OBGYN), and Success on the Spectrum
-Dense infill Houston, Texas location. The population in a one mile radius exceeds 15,600 people, with an average income of $79,000
-Triple net lease leases with rent increases in primary terms and options
-Upside to lease remaining 1,800 sf vacancy
-Attractively priced at $242 per square foot
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
17,636 SF
Building Class
B
Year Built
2000
Price
$3,738,000
Price Per SF
$212
Cap Rate
8%
NOI
$299,115
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,681 SF
Building FAR
0.31
Lot Size
1.31 AC
Opportunity Zone
Yes
Parking
94 Spaces (5.3 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Natural Light
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2nd Gen Physical Therapy Space For Lease
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 204 | 1,800 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 204
| Size |
| 1,800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 204
| Size | 1,800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2nd Gen Physical Therapy Space For Lease
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PROPERTY TAXES
| Parcel Number | 0461650000094 | Improvements Assessment | $2,853,977 |
| Land Assessment | $858,990 | Total Assessment | $3,712,967 |
PROPERTY TAXES
Parcel Number
0461650000094
Land Assessment
$858,990
Improvements Assessment
$2,853,977
Total Assessment
$3,712,967
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Harris Professional Pavilion | 4600 Fairmont Pky
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