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7333 Fairmont Pky
Pasadena, TX 77505

Phase II · Retail Property For Sale

Investment Highlights

  • Tremendous opportunity to acquire a newly built (under construction), 2-tenant NNN shopping center in a growing suburb of Houston, Texas
  • The property sits in front of the planned Fairmont Crossing Luxury Senior Living Facility. The development includes 137 townhomes
  • Shopping center sits directly across from the new Parkway Trails Home Development by K. Hovnanian Homes
  • Pet Supplies Plus and Tropical Smoothie Cafe both signed 10-year triple net leases with strong base term rent increases
  • 7 Eleven on Corner, Adjacent to brand new Next Level Urgent Care, Kolache Factory, Code Ninjas, and Pelican Grill
  • 6.5% average CAP over the primary 10-year terms of the leases

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,632 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.00 AC
Zoning
F1
Parking
48 Spaces (10.36 Spaces per 1,000 SF Leased)
Frontage
185 FT on Fairmont Parkway

PROPERTY TAXES

  • Listing ID: 27312019

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 7333 Fairmont Pky, Pasadena, TX 77505