Retail Space
5005 Fairmont Parkway Pasadena, TX 77505
Details & Description
Price: $3,502,000
    A quality construction, 100% master leased (83% actual) retail strip center in a high-growth Houston suburb.The subject property is occupied by a corporate Subway (subleased to franchisee) and successful regional businesses Brewingz Restaurant & Bar and Relaxx CBD. All three leases are NNN with tenants reimbursing for all operating expenses.Pasadena, TX, is a densely populated, Houston suburb with average household incomes of $74,569 and over 300,000 residents reside within a 5-mile radius of the property. Prominent tenants within 3 blocks include Walmart Supercenter, Lowe’s Home Improvement, The Home Depot and JC Penny.
    Listing Agents
    Dave Lucas

    O: 415-274-2700
    M: 415-274-7390
    dlucas@cppcre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5005 Fairmont Parkway

    Pasadena, TX 77505

    Listing ID: 259311
    • 5005 Fairmont Parkway Pasadena, TX 77505 | for Sale | Photo 1
    • 5005 Fairmont Parkway Pasadena, TX 77505 | for Sale | Photo 2
    • 5005 Fairmont Parkway Pasadena, TX 77505 | for Sale | Photo 3
    5005 Fairmont Parkway | for Sale | Thumbnail 1
    5005 Fairmont Parkway | for Sale | Thumbnail 2
    5005 Fairmont Parkway | for Sale | Thumbnail 3
    Building Size: 9,000 SF
    Lot Size: 1.520 AC
    Land Size: 66,211 SF
    Building $/SF: $389.11
    Land $/SF: $52.89
    Price
    $3,502,000
    Description

    A quality construction, 100% master leased (83% actual) retail strip center in a high-growth Houston suburb.

    The subject property is occupied by a corporate Subway (subleased to franchisee) and successful regional businesses Brewingz Restaurant & Bar and Relaxx CBD. All three leases are NNN with tenants reimbursing for all operating expenses.

    Pasadena, TX, is a densely populated, Houston suburb with average household incomes of $74,569 and over 300,000 residents reside within a 5-mile radius of the property. Prominent tenants within 3 blocks include Walmart Supercenter, Lowe’s Home Improvement, The Home Depot and JC Penny.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Pasadena History of Retail Space for Sale

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    Pasadena Area Market Trends

    Listing Demographics for 5005 Fairmont Parkway Pasadena, TX 77505

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,993103,485294,170
    Population Median Age383434
    Population by Age0-9 Yrs1436 (13%)16545 (15%)46240 (15%)
    10-19 Yrs1502 (13%)17152 (16%)48298 (16%)
    20-29 Yrs1561 (14%)15384 (14%)45123 (15%)
    30-39 Yrs1330 (12%)13882 (13%)41141 (13%)
    40-49 Yrs1266 (11%)12902 (12%)36465 (12%)
    50-59 Yrs1536 (13%)11802 (11%)34101 (11%)
    60-69 Yrs1137 (10%)8945 (8%)24504 (8%)
    70+ Yrs1224 (11%)6872 (6%)18298 (6%)
    Median HH Income$68,074$58,244$58,274
    Total Household Income< 24K579 (15%)6474 (19%)16637 (17%)
    25-49K781 (20%)7869 (23%)22768 (24%)
    50-74K774 (20%)6651 (19%)18605 (20%)
    75-99K477 (12%)4494 (13%)12391 (13%)
    100-199K1028 (26%)6851 (20%)18592 (19%)
    200K+191 (4%)1135 (3%)4026 (4%)
    Highest Education LevelNo Diploma9161405944687
    Diploma or GED27222042954247
    Some College16431354336435
    Assoc. Degree682474512131
    Bachelors Degree1011626519802
    Higher Degree40527289734
    Total Housing Units4,13836,633101,698
    --Owner-Occupied2,28618,44151,564
    --Renter-Occupied1,54315,03341,456
    Owner-Occupied Values< 100K186503414354
    100-199K1271912025160
    200-299K64132927964
    300-399K1585942175
    400-499K5141963
    500K+26259948
    Total Working Age Population8,72876,674218,834
    In Work Force5,58851,061146,249
    Not In Work Force3,13925,61272,585
    Workforce Employed5,15646,418134,136
    Workforce Unemployed4324,63712,032
    Civlian Workforce5,58851,055146,168
    Military Workforce0681
    Total Households3,83033,47493,020
    Family Households2,86624,30769,584
    Non-Family Households9649,16723,436
    Married Couple1,95616,12946,552
    Other Family9108,17823,032
    Married w/Child7807,98422,646
    Single Male w/Child839802,828
    Single Female w/Child3253,5219,076

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Brazoria County241,767+30313,166+20375,869+20452,517
    Galveston County250,158+16291,309+22355,196+20427,028
    Harris County3,400,578+204,092,459+224,978,845+195,924,750

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5005 Fairmont Parkway in Pasadena?
    The asking price for 5005 Fairmont Parkway is $3,502,000
    What is the building size of this Retail property in Pasadena, TX?
    The size of the building/unit at 5005 Fairmont Parkway in Pasadena is 9,000 square feet
    How much land does the Pasadena, TX property at 5005 Fairmont Parkway include?
    5005 Fairmont Parkway in Pasadena includes 1.520 acres of land
    What kind of Retail is the propery at 5005 Fairmont Parkway?
    The property at 5005 Fairmont Parkway Pasadena, TX 77505 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5005 Fairmont Parkway in Pasadena?
    The population within 1 mile of 5005 Fairmont Parkway Pasadena, TX 77505 is 10,993 people.
    Who do I contact for questions about 5005 Fairmont Parkway?
    You should contact the listing agent, Dave Lucas , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    William P Hobby Airport (HOU) 7
    George Bush Intercontinental Houston Airport (IAH) 25
    Austin Bergstrom International Airport (AUS) 155