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Grocery-Anchored Shopping Center
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114 Fairmont Pkwy, Pasadena, TX 77504

Neighborhood retail center with a grocery anchor, existing tenancy, and a developable pad opportunity.

Property Size116,898 SF
Days on Market131

Property Features for 114 Fairmont Pkwy

General Information

Standard status Active
Size 116,898 SF
Property subtype Retail
Occupancy 82%

Site & Location

Corner Location Yes
Traffic Count 22,447 vehicles/day

Building Details

Tenancy Multi
Listing Agency: JLL - Houston, Texas
Listed By: John Indelli · License #TX 696391
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 6:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Houston, Texas

Investment Insights

Based on property information with market context.

Fairmont Junction is a 116,898-square-foot neighborhood shopping center anchored by a grocery tenant. The property is currently 82% leased and includes a developable pad opportunity within the site, adding a separate development component to the existing retail center.

The property is located at 114 Fairmont Pkwy in Pasadena, Texas, at the intersection of Fairmont Parkway and S. Shaver. This intersection records traffic of 22,447 vehicles per day, providing a measurable access and exposure point for the center.

Key Highlights

  • 116,898 SF grocery‑anchored neighborhood retail center
  • Currently 82% leased
  • Developable pad opportunity within the property

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,447 VPD
Traffic count
82%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
107k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 38% Dining 7% Electronics 5%
El Rancho Supermercado Groceries
39,682 visits/mo 0.1 miles
La Michoacana Meat Market Groceries
13,530 visits/mo 0.2 miles
Exxon Shops & Services
8,814 visits/mo 0.1 miles
Family Dollar Shops & Services
8,701 visits/mo 0.1 miles
Shell Shops & Services
6,686 visits/mo 0.4 miles

Demographics for 77504, TX

25,728
Population
10,080
Households
2.6
Avg Household Size
33
Median Age
17%
College-Educated
79%
High-School Grad
5.6 sq mi
ZIP Area
4,594
Density / Sq Mi
$52,784
Median Household Income
$35,789
Median Earnings
$1,196
Median Rent
$207,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Los Angeles Shopping Center 3904 S Shaver St, Houston, TX 77034
  • Fairmont Junction 115 Fairmont Pkwy, Pasadena, TX 77504
  • Shaver Street Center 3845 Shaver St, Pasadena, TX 77504

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood retail center with a grocery anchor, existing tenancy, and a developable pad opportunity.
Where is this shopping center located?
The property is located at 114 Fairmont Pkwy Pasadena, TX.
What are key features of this property?
This property features: 116,898 SF grocery‑anchored neighborhood retail center; Currently 82% leased; Developable pad opportunity within the property
(713) 852-3535 Call to check price and availability
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