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Fairmont-Preston Plaza 4802-4930 Fairmont Pky 105,869 SF 89% Leased Retail Building Pasadena, TX 77505 For Sale

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INVESTMENT HIGHLIGHTS

  • Significant mark-to-market opportunity - 46% of GLA expiring without fixed options with 21% mark to market opportunity
  • Located in a top performing retail corridor - Submarket ranked in 93rd percentile in HTX attracting 9.4 million visitors per year
  • Densely packed submarket with consumer spending power
  • High performing tenancy with credited anchors
  • Diversity of income mitigating turnover risk - Inline tenants account for 56.4% of gross revenue

EXECUTIVE SUMMARY

Jones Lang Lasalle ("JLL") is pleased to present Fairmont Preston Plaza ("The Property") a 105,869 sq ft neighborhood center in the leading retail submarket of Pasadena, TX (Houston MSA). Located in a top performing retail corridor - this Pasadena retail corridor has emerged as a powerhouse by serving a dense Hispanic population in southeast Houston that previously had limited access to quality shopping centers. The area capitalized on a significant retail void, where residents were forced to travel long distances for their shopping needs, creating substantial pent-up market demand. The intersection of high population density and inadequate retail supply created an exceptional development opportunity. As a result, this center has become the premier retail destination for the underserved community, achieving the 2nd highest performance ranking among retail nodes within a 15-mile radius.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
105,869 SF
Building Class
C
Year Built/Renovated
1985/2016
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
10.15 AC
Zoning
N/Ap, Houston
Parking
528 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
944’ on Fairmont Pky

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Ichibon Restaurant offers delicious tasting Japanese cuisine in Pasadena, TX. Ichibon's convenient location and affordable prices make their restaurant a natural choice for eat-in or take-out meals in the Pasadena community. Their restaurant is known for its variety in taste and high quality fresh sushi. Come and experience their friendly atmosphere and excellent service.

  • Real Estate
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

MetroPlus Realty is a real estate company based in Pasadena, TX, serving major cities such as Houston, Woodlands, Cypress, Sugarland, Katy, and Pearland. With a team of experienced professionals, MetroPlus Realty specializes in providing a range of real estate services, including brokerage, inspections, home warranty, easement and right of way, and timeshare interest. Committed to equal opportunity housing, MetroPlus Realty supports the Fair Housing Act and is regulated by the Texas Real Estate Commission.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Planet Fitness was founded in 1992, in Dover, NH. In the beginning, it operated much like every other gym in its small hometown and catered to the same small percentage of the population in the U.S. who worked out and belonged to a health club. Today, Planet Fitness has become one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. With locations in all 50 states and around the World, Planet Fitness has continued to spread its unique mission of enhancing people’s lives by providing an affordable, high-quality fitness experience in a welcoming, non-intimidating environment.

  • Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Sola Salons was founded in 2004 with the dream of doing more than designing beautiful, move-in-ready salon studios. Co-founders Stratton Smith and Matt Briger set out to build a thriving community where independent beauty professionals could create a life and career they loved. They focus on what’s best for clients, so clients can focus on what’s best for their business. They provide beauty professionals with high-end, fully equipped private salon studios alongside the support and tools needed to launch a business in no time. They take pride in being the largest, fastest-growing salon studio business with a thriving community of industry-leading beauty professionals and locations nationwide. They provide a safe, inclusive space with unmatched support so their Sola pros can thrive. They have one goal in mind: to set clients up for success.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Real Estate - - Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation - - Lorem Ipsum Jan 0000
Services - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 800 SF
  • Retail
  • In-Line
  • Now

Former nail salon space available with chairs and inventory.

  • 1st Floor
  • 1,320 SF
  • Retail
  • In-Line
  • Now
  • 100-C
  • 3,997 SF
  • Retail
  • In-Line
  • Now

Shell ready for build-outs.

  • 130
  • 1,738 SF
  • Office/Medical
  • In-Line
  • Now

Fully built-out dentist offices.

  • 4802
  • 24,000 SF
  • Retail
  • End Cap
  • Now

Former Dirt Cheap location.

  • 4836
  • 902 SF
  • Office/Retail
  • -
  • Now

Fully built-out space ready for a new tenant.

  • 4844
  • 999 SF
  • Retail
  • In-Line
  • Now

Fully built-out space ready for a new tenant.

  • 4926
  • 1,480 SF
  • Retail
  • In-Line
  • Now

Fully built-out space ready for a new tenant.

Space Size Space Use Position Available
1st Floor 800 SF Retail In-Line Now
1st Floor 1,320 SF Retail In-Line Now
100-C 3,997 SF Retail In-Line Now
130 1,738 SF Office/Medical In-Line Now
4802 24,000 SF Retail End Cap Now
4836 902 SF Office/Retail - Now
4844 999 SF Retail In-Line Now
4926 1,480 SF Retail In-Line Now

1st Floor

Size
800 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
1,320 SF
Space Use
Retail
Position
In-Line
Available
Now

100-C

Size
3,997 SF
Space Use
Retail
Position
In-Line
Available
Now

130

Size
1,738 SF
Space Use
Office/Medical
Position
In-Line
Available
Now

4802

Size
24,000 SF
Space Use
Retail
Position
End Cap
Available
Now

4836

Size
902 SF
Space Use
Office/Retail
Position
-
Available
Now

4844

Size
999 SF
Space Use
Retail
Position
In-Line
Available
Now

4926

Size
1,480 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 800 SF
Space Use Retail
Position In-Line
Available Now

Former nail salon space available with chairs and inventory.

100-C

Size 3,997 SF
Space Use Retail
Position In-Line
Available Now

Shell ready for build-outs.

130

Size 1,738 SF
Space Use Office/Medical
Position In-Line
Available Now

Fully built-out dentist offices.

4802

Size 24,000 SF
Space Use Retail
Position End Cap
Available Now

Former Dirt Cheap location.

4836

Size 902 SF
Space Use Office/Retail
Position -
Available Now

Fully built-out space ready for a new tenant.

4844

Size 999 SF
Space Use Retail
Position In-Line
Available Now

Fully built-out space ready for a new tenant.

4926

Size 1,480 SF
Space Use Retail
Position In-Line
Available Now

Fully built-out space ready for a new tenant.

NEARBY MAJOR RETAILERS

7 Brew Coffee
Truist
Waffle House
BreWingZ Sports Bar & Grill
Applebee's
Chase Bank
Amegy Bank of Texas
Starbucks
Woodforest National Bank
Salata

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0470850000007
Land Assessment
$6,346,876 CAD
Improvements Assessment
$9,747,621 CAD
Total Assessment
$16,094,497 CAD
  • Listing ID: 37905183

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 4802-4930 Fairmont Pky, Pasadena, TX 77505

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