Shopping Center For Sale Pasadena TX | 4959 Fairmont Pky
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Shopping Center For Sale Pasadena TX 4959 Fairmont Pky
8,800 SF 20% Leased Office Building Pasadena, TX 77505 $1,890,000 ($215/SF) 7.62% Cap Rate
Investment Highlights
- Retail Shopping Center For Sale and For Lease.
- Other Vacant Space of 3500 can be leased or leased out for an additional income.
- Great opportunity for Day Care, Martial Arts or any other retail.
- Income Generating Property from current tenant.
- Great option for Medical ER or Doctors Office, an Attorney's office or any office type.
- Great option for Vet or Barber Shop, School or any type of Showrooms
Executive Summary
Retail Shopping Center For Sale and For Lease. Property has one tenant occupying with long term lease. Also, the additional 3500 SqFt space available for lease as well. Current tenant will remain with sale of property. Recent built property, located in Pasadena. This property can also be owner user. New owner can occupy the remaining vacant space for their business. Property has great potential for increased revenue once vacant spaces are filled up. Great option for Vet or Barber Shop or Showroom, Attorney's office or any office type, Medical ER or Doctors Office, Day Care or any other retail.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
8,800 SF
Building Class
B
Year Built
2019
Price
$1,890,000
Price Per SF
$215
Cap Rate
7.62%
NOI
$144,000
Percent Leased
20%
Building Height
1 Story
Typical Floor Size
8,800 SF
Building FAR
0.25
Lot Size
0.81 AC
Zoning
NA - Commercial Retail Office
Parking
40 Spaces (4.55 Spaces per 1,000 SF Leased)
Amenities
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 3,500 SF
- Retail
- Shell Space
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,500 SF | Retail | Shell Space | Now |
1st Floor
| Size |
| 3,500 SF |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 1351730010002 | Improvements Assessment | $1,263,675 |
| Land Assessment | $641,376 | Total Assessment | $1,905,051 |
PROPERTY TAXES
Parcel Number
1351730010002
Land Assessment
$641,376
Improvements Assessment
$1,263,675
Total Assessment
$1,905,051
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Shopping Center For Sale Pasadena TX | 4959 Fairmont Pky
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