5005 Fairmont Pky | Pasadena, TX 77505
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5005 Fairmont Pky
Pasadena, TX 77505
Fairmont Parkway Retail Portfolio · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Triple net leased, quality construction investment opportunity
- Monument signage on Fairmont Parkway
- The average household incomes of Pasadena residents exceed $84,000 within a 1-mile radius of the property
- Ground leases entitle landlord to all improvements made by the tenant at the end of the lease terms
- No income tax and business friendly state
PROPERTY FACTS
Property Type
Retail
Building Size
9,000 SF
Building Class
B
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.52 AC
Parking
120 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
228’ on Fairmont Pky
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0341990270005 | Improvements Assessment | $1,897,927 |
| Land Assessment | $1,327,100 | Total Assessment | $3,225,027 |
PROPERTY TAXES
Parcel Number
0341990270005
Land Assessment
$1,327,100
Improvements Assessment
$1,897,927
Total Assessment
$3,225,027
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