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Fairmont Junction 114-154 Fairmont Pky 1,200 - 23,546 SF of Space Available in Pasadena, TX 77504
Highlights
- Fairmont Junction, 114 Fairmont Parkway, is a neighborhood shopping center in Pasadena, Texas, anchored by an established El Rancho Supermercado.
- Supported by a dense population with 320,000 residents within a 5-mile radius contributing to more than $2.9 billion in annual consumer spending.
- Desirable corner location at the intersection of Fairmont Parkway and Shaver Street, seen by more than 38,000 vehicles per day.
- All but one suite has been completely re-made and are first-generation opportunities, plus a 35,197-square-foot corner pad site is available.
- Multifaceted group of co-tenants, including general retail stores, the grocery anchor, health services, a dentist, an event venue, and more.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,620 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 11,426 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 1,200 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 2,500 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 6,800 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
114-154 Fairmont Pky - 1st Floor
Former medical office for lease.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Located in-line with other retail
114-154 Fairmont Pky - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
114-154 Fairmont Pky - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
114-154 Fairmont Pky - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
114-154 Fairmont Pky - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Select Tenants at Fairmont Junction
- Tenant
- Description
- US Locations
- Reach
- El Rancho
- Supermarket
- 56
- Regional
- Family Dollar
- Retailer
- -
- -
- Oak Street Health
- Health Care
- 161
- National
- Sra. Churros
- Donut Shop
- 1
- Local
- Sterling Banquet Hall
- Restaurant
- 3
- Local
| Tenant | Description | US Locations | Reach |
| El Rancho | Supermarket | 56 | Regional |
| Family Dollar | Retailer | - | - |
| Oak Street Health | Health Care | 161 | National |
| Sra. Churros | Donut Shop | 1 | Local |
| Sterling Banquet Hall | Restaurant | 3 | Local |
Property Facts
| Total Space Available | 23,546 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 121,825 SF |
| Parking | 486 Spaces | Total Land Area | 16.20 AC |
| Stores | 20 | Year Built | 1982 |
| Center Properties | 2 |
| Total Space Available | 23,546 SF |
| Center Type | Neighborhood Center |
| Parking | 486 Spaces |
| Stores | 20 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 121,825 SF |
| Total Land Area | 16.20 AC |
| Year Built | 1982 |
About the Property
Become a community fixture by leasing at Fairmont Junction, a well-known grocery-anchored neighborhood shopping center offering an array of spaces for retail, restaurant, office, medical, and service users. El Rancho Supermercado is a local favorite and anchors Fairmont Junction. The robust tenant roster leaves openings for new business types to diversify the center even further. The existing non-anchor tenants include Dollar Tree, Family Dollar, Oak Street Health, Lucent Dental, CHCA Bayshore, Sterling Banquet Hall, and Sra. Churros. After a complete overhaul of the property, only one suite is not a first-generation space, allowing for unlimited customization options, and there is a corner pad site available to build from the ground up. The landlord is also highly motivated to offer tenant improvement packages and creative deals. Situated equidistant between Downtown Houston and League City, this part of Pasadena draws upon a diverse residential pool. From high-income commuters to the NASA / Clear Lake area who prefer Pasadena for its access to both work and central Houston to blue-collar workers living by the nearby industrial hubs, Pasadena’s multifaceted appeal makes it an evergreen market. Five schools, including a high school across the street, and about 20,000 residents are within a mile radius, underpinning Fairmont Junction’s standing as a preferred neighborhood destination. As a primary East-West thoroughfare connecting to Beltway 8 and Interstate 45, Fairmont Parkway provides the center’s tenants maximum exposure to these residents, and intersecting Shaver Street is another heavily traveled roadway. Leverage these locational advantages with a high-identity commercial space to assert a strong presence in Pasadena at Fairmont Junction today.
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Fairmont Junction | 114-154 Fairmont Pky
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