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4802-4930 Fairmont Pky
Pasadena, TX 77505
Fairmont-Preston Plaza · Retail Property For Sale
Investment Highlights
- Significant mark-to-market opportunity - 46% of GLA expiring without fixed options with 21% mark to market opportunity
- Located in a top performing retail corridor - Submarket ranked in 93rd percentile in HTX attracting 9.4 million visitors per year
- Densely packed submarket with consumer spending power
- High performing tenancy with credited anchors
- Diversity of income mitigating turnover risk - Inline tenants account for 56.4% of gross revenue
Property Facts
Property Type
Retail
Building Size
105,869 SF
Building Class
C
Year Built/Renovated
1985/2016
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
10.15 AC
Zoning
N/Ap, Houston
Parking
528 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
944’ on Fairmont Pky
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
Property Taxes
| Parcel Number | 0470850000007 | Improvements Assessment | $6,943,937 |
| Land Assessment | $4,521,340 | Total Assessment | $11,465,277 |
Property Taxes
Parcel Number
0470850000007
Land Assessment
$4,521,340
Improvements Assessment
$6,943,937
Total Assessment
$11,465,277
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