Two-Tenant Medical Office
For Sale
Contact for pricing
6429 Fairmont Pkwy, Pasadena, TX 77505
Fully leased dental suites feature modified NNN terms with leases extending through 2030.
Property Size4,978 SF
Lot Size0.42 Acres
Days on Market129
Property Features for 6429 Fairmont Pkwy
General Information
Standard status
Active
Size
4,978 SF
Lot size
0.42 Acres
Property subtype
Land, Mixed Use, Office
Occupancy
100%
Financials
Asking Price
$1,300,000
Cap Rate
7.1%
Additional Details
Office Units
2
Building Details
Year Built
1999
Buildings
1
Building Size
4,978 SF
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial
Listed By:
Chad Andrus, ALC · License #TX 626158
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 7:42AM
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 Coldwell Banker Commercial
Investment Insights
Based on property information with market context.
This medical office property contains two leased dental suites totaling approximately 4,978 SF. Suite 101 measures approximately 2,986 SF, while Suite 102 contains approximately 1,992 SF. Built in 1999, the property operates under modified NNN leases, with tenants responsible for insurance, CAM, and utilities while the landlord covers property taxes and structural costs. Both lease terms extend through 2030, with an additional five-year extension option and 2.5% annual rent increases.
The property is located at 6429 Fairmont Pkwy in Pasadena, within the Greater Houston metro area’s southeast medical and professional corridor. HCA Houston Healthcare Southeast and other dental and healthcare providers contribute to the surrounding medical presence. Property updates include HVAC replacements in 2020, roof and electrical work completed from 2019–2024, plumbing upgrades in 2025, and landscaping and parking lot improvements in 2025. Fire/life safety and water meter updates were completed in 2024.
The property is located at 6429 Fairmont Pkwy in Pasadena, within the Greater Houston metro area’s southeast medical and professional corridor. HCA Houston Healthcare Southeast and other dental and healthcare providers contribute to the surrounding medical presence. Property updates include HVAC replacements in 2020, roof and electrical work completed from 2019–2024, plumbing upgrades in 2025, and landscaping and parking lot improvements in 2025. Fire/life safety and water meter updates were completed in 2024.
Key Highlights
- ±4,978 SF medical office building with two dental suites
- Suite 101: ±2,986 SF; Suite 102: ±1,992 SF
- Both leases extend through 2030 with an additional 5 year option
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77505, TX
23,584
Population
8,817
Households
2.7
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
8.4 sq mi
ZIP Area
2,808
Density / Sq Mi
$94,643
Median Household Income
$52,193
Median Earnings
$1,522
Median Rent
$276,100
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased dental suites feature modified NNN terms with leases extending through 2030.
Where is this medical office space located?
The property is located at 6429 Fairmont Pkwy Pasadena, TX.
What are key features of this property?
This property features: ±4,978 SF medical office building with two dental suites; Suite 101: ±2,986 SF; Suite 102: ±1,992 SF; Both leases extend through 2030 with an additional 5 year option
