5932-5968 Fairmont Parkway
Pasadena, TX 77505
Unique 172,002 SF neighborhood center features a fully occupied large format retail building, two multi-tenant retail buildings and two fully leased pad sites, all offered at an attractive basis
Immediate upside through the lease-up of the remaining multi-tenant end cap vacancy with drive-thru potential as well numerous long-term value-add and divestiture opportunities
A synergistic mix of national, regional, and local tenants strategically curated to meet the demands of the surrounding high density trade area and the substantial nearby workforce
Desirable stable income stream featuring a weighted average lease term of 7.52 years
Positioned within a long-standing and top-performing retail hub, which consistently pulls visitors beyond a 20-mile radius and serves the Pasadena trade area, as well as the surrounding communities of Deer Park and La Porte
Pasadena is considered a worldwide center for the energy, petrochemical and aerospace industries
Located minutes away from the economic powerhouses: Port of Houston and Houston Ship Channel - providing residents of the surrounding trade area secure employment, educational opportunities, renowned benefits and high levels of discretionary income
Prominent frontage and access along Fairmont Parkway with immediate proximity to Beltway 8, provides exposure to nearly 150,000 cars per day, connecting the Property to both the dense, established neighborhoods, as well as nearby core employment hubs
515 Post Oak Blvd, Suite 175, Houston, TX 77027