Grocery-Anchored Community Shopping
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115 Fairmont Pkwy, Pasadena, TX 77504
Established tenant mix spans grocery, discount retail, medical, dining, and service uses.
Property Size116,898 SF
Days on Market1
Property Features for 115 Fairmont Pkwy
General Information
Standard status
Active
Size
116,898 SF
Property subtype
Shopping Strip
Amenities
DOMINANT ETHNIC GROCERY ANCHOR
DEMOGRAPHICALLY ALIGNED & DIVERSE TENANT MIX
SIGNIFICANT VALUE-ADD OPPORTUNITY
SIGNALIZED HARD-CORNER LOCATION
INCLUDED PAD SITE | ADDITIONAL UPSIDE
Building Details
Building Size
116,898 SF
Year Built
1982
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Philip Levy · License #License(s): TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Sep 20
Last Checked: Sep 20 at 2:48PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Fairmont Junction is a 116,898-square-foot community shopping center completed in 1982. The property includes a 42,130-square-foot El Rancho Supermercado as its grocery anchor, with additional national discount retail and a broad mix of medical, dental, restaurant, and service tenants. Named occupants include Family Dollar, Dollar Tree, Oak Street Health, Adventure Smiles Dental, HCA Women’s Care Center, and Sterling Banquet Hall.
The center occupies the signalized intersection of Fairmont Parkway and South Shaver Street at 115 Fairmont Pkwy in Pasadena, Texas. Current occupancy is 82 percent, with approximately 20,855 square feet of vacancy distributed among multiple suite sizes. An included pad site along the property’s frontage adds a separate development or monetization component.
The center occupies the signalized intersection of Fairmont Parkway and South Shaver Street at 115 Fairmont Pkwy in Pasadena, Texas. Current occupancy is 82 percent, with approximately 20,855 square feet of vacancy distributed among multiple suite sizes. An included pad site along the property’s frontage adds a separate development or monetization component.
Key Highlights
- 116,898‑square‑foot community shopping center built in 1982
- 42,130‑square‑foot El Rancho Supermercado grocery anchor
- 82 percent occupied with approximately 20,855 square feet of vacancy
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
102k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 36%
Dining 7%
Electronics 5%
El Rancho Supermercado
Groceries
39,682 visits/mo
0.2 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
0.2 miles
Little Caesars Pizza
Dining
4,651 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in South region
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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
- Mega Plaza — 513 S Allen-Genoa Rd, South Houston, TX 77587
Frequently Asked Questions
What type of property is this?
Shopping center - Established tenant mix spans grocery, discount retail, medical, dining, and service uses.
Where is this shopping center located?
The property is located at 115 Fairmont Pkwy Pasadena, TX.
What are key features of this property?
This property features: 116,898‑square‑foot community shopping center built in 1982; 42,130‑square‑foot El Rancho Supermercado grocery anchor; 82 percent occupied with approximately 20,855 square feet of vacancy
