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Property profile & analytics
OFF-MARKET
Drive through restaurants

5000 Fairmont Pkwy Pasadena, TX 77505-3726

2,794 SF 0.67 ac lot Built 2018
Trust Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3877877
Property summary
AI-generated overview

This exceptional freestanding restaurant building, totaling 2,150 square feet, presents a fantastic lease opportunity in the thriving Pasadena, Texas market. The property boasts a highly desirable drive-thru, a key feature for quick-service restaurants (QSRs) and fast-food establishments. Situated on a sizable 0.668-acre lot (29,087 square feet), this single-tenant building offers ample space for both indoor dining and operational needs. Its strategic location at the hard corner of Fairmont Parkway and Lily Street provides exceptional visibility and accessibility. The property benefits from its proximity to major retail anchors, including Lowe's, Walmart, and Planet Fitness, ensuring high traffic volume and a strong customer base. This location offers significant potential for a variety of QSR concepts seeking a well-established and convenient location in a densely populated area. The property is classified as Restaurant and Retail, specifically targeting QSR and Fast Food businesses. The building's size and features make it an ideal space for a thriving food service operation. This is a rare opportunity to secure a prime location in a high-demand area. Don't miss out on this chance to establish your business in a vibrant and accessible location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction BRICK
Total area 2,794 SF
Lot 0.67 ac (29,072 SF)
APN 341990000385
UPID US83-3877877
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kim,o K & Jeon Y H 2013 L & Trust · 6 yrs held
Kim,o K & Jeon Y H 2013 L & Trust
since 2019
5 recorded transactions
2019
Price N/A
2018
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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