4600 Fairmont Pky - Medical FOR SALE


Pasadena, TX 77504
$4,273,000 USD
972-375-3437
4600 Fairmont Pky, Pasadena, TX for Sale
$4,273,000 USD
Medical - FOR SALE
1/17
null | 7% Cap Rate

4600 Fairmont Pky
Pasadena, TX 77504


HIGHLIGHTS

  • Sought after medical office opportunity in Houston, Texas - HCA Healthcare
  • Established Tenant Mix Includes: Advanced Dental Associate, Proactive Physical Therapy Centers, HCA Healthcare, and Success on the Spectrum
  • Dense infill Houston, Texas location. The population in a one mile radius exceeds 15,600 people, with an average income of $79,000
  • Triple net lease leases with rent increases in primary terms and options
  • Upside to lease remaining 1,800 sf vacancy
  • Attractively priced at $242 per square foot

OVERVIEW

-Sought after medical office opportunity in Houston, Texas - HCA Healthcare -Harris Professional Pavilion fronts Fairmont Parkway with daily traffic count exceeding 23,500 cars per day -Established Tenant Mix Includes: Advanced Dental Associate, Proactive Physical Therapy Centers, HCA Healthcare (Women’s Associates OBGYN), and Success on the Spectrum -Dense infill Houston, Texas location. The population in a one mile radius exceeds 15,600 people, with an average income of $79,000 -Triple net lease leases with rent increases in primary terms and options -Upside to lease remaining 1,800 sf vacancy -Attractively priced at $242 per square foot

FOR SALE DETAILS

PRICE

$4,273,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harris Professional Pavilion

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

-

APN/PARCEL ID

0461650000094

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.