7315 Fairmont Pkwy | Pasadena, TX 77505
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- LoopNet Team
7315 Fairmont Pkwy
Pasadena, TX 77505
The Center of Fairmont Crossing · Retail Property For Sale
Investment Highlights
- Tremendous opportunity to acquire a newly built, 100% leased shopping center in a growing suburb of Houston, Texas
- All tenants signed 10 year triple net leases with 10% rent increases during primary term (Next Level Urgent Care has 2% annual increases)
- Adjacent to the planned Fairmont Crossing Luxury Senior Living Facility (137 townhomes, 11,400 square foot amenity center, restaurant on 9.37 acres
- Signalized intersection of Fairmont Parkway and Center Street, adjacent to a new 7-Eleven.
- Tenant Mix Includes: Next Level Urgent Care (22 Houston metro locations), Kolache Factory (with Drive Thru), Code Ninjas, and Pelican Grill
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
9,132 SF
Building Class
B
Year Built
2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.45 AC
Zoning
Retail
Parking
75 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
335 FT on Fairmont Parkway
PROPERTY TAXES
| Parcel Number | 1409090010001 | Improvements Assessment | $109,610 |
| Land Assessment | $3,963,608 | Total Assessment | $4,073,218 |
PROPERTY TAXES
Parcel Number
1409090010001
Land Assessment
$3,963,608
Improvements Assessment
$109,610
Total Assessment
$4,073,218
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