This Retail Property is no longer advertised on LoopNet.com.
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
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,370,849 |
Land Assessment | $4,896,668 | Total Assessment | $6,267,517 |
Learn More About Investing in Retail Properties
Listing ID: 27312019
Date on Market: 12/14/2022
Last Updated:
Address: 7333 Fairmont Pky, Pasadena, TX 77505
The Retail Property at 7333 Fairmont Pky, Pasadena, TX 77505 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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