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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4018 Fairmont Pkwy Pasadena, TX 77504

3,800 SF
Property ID
Property summary
AI-generated overview

This 3,800 square foot single-tenant medical office space is ideally located at 4018 Fairmont Parkway in Pasadena, Texas, within Harris County (zip code 77504). Situated on a roughly two-acre lot, the property benefits from shared parking and excellent visibility at a highly trafficked intersection – the southwest corner of Fairmont Parkway and Burke Drive, just west of Beltway 8/Sam Houston Parkway. Fairmont Parkway boasts an average daily traffic count exceeding 30,000 vehicles, while Burke Drive sees over 13,000 vehicles daily, ensuring high exposure for your business. The property is suitable for a variety of uses, including retail, office, and restaurant, but is currently designated as medical office space. The lease rate is $18.00 per square foot, triple net (NNN). This location offers significant advantages due to its high-density population and convenient access to major thoroughfares. The property's size and location make it an attractive opportunity for businesses seeking a prominent presence in a thriving area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Houston Iron Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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