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6429 Fairmont Pky
Pasadena, TX 77505
Stabilized Dental Office Investment · Office Property For Sale
Investment Highlights
- Stable Cash Flow: 100% occupied by two established dental practices with leases through 2030
- Low Management: Modified NNN structure with tenants covering insurance, CAM, and utilities
- Growing Market: Located in a thriving medical and professional corridor serving southeast Houston
- Strong Yield: 7.1% cap rate with consistent 2.5% annual rent escalations
- De-Risked Investment: Major capital items recently addressed minimal near-term maintenance risk
- Attractive Exit Potential: Steady rent growth and strong submarket fundamentals support long-term appreciation and liquidity
Property Facts
Property Type
Building Size
4,978 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,978 SF
Building FAR
0.27
Lot Size
0.42 AC
Zoning
Commercial
Parking
15 Spaces (3.01 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1199300010001 | Improvements Assessment | $730,777 |
| Land Assessment | $357,534 | Total Assessment | $1,088,311 |
Property Taxes
Parcel Number
1199300010001
Land Assessment
$357,534
Improvements Assessment
$730,777
Total Assessment
$1,088,311
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