Fairmont Parkway Shopping Center Pasadena, Texas (Houston MSA)

Unique 172,002 SF fully occupied neighborhood center featuring a large format retail building, two multi-tenant retail buildings and two pad sites, all offered at an attractive basis

Numerous long-term value-add opportunities through below-market rents, future tenant rollover and divestiture opportunities

A strategically curated tenant mix, with 59% national and regional tenants, designed to meet the needs of the area's dense residential population and robust employment base

Desirable stable income stream featuring a weighted average lease term of 7.6 years

Situated within a long-established, top-performing retail corridor and positioned between dominant grocers H-E-B and Walmart, the Property benefits from significant cross-shopping traffic opportunities

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

Dominant regional retail hub 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

Prominent frontage and access along Fairmont Parkway with immediate proximity to Beltway 8, provides exposure to over 150,000 cars per day, connecting the Property to both the dense, established neighborhoods, as well as nearby core employment hubs