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Search Land - 6429 Fairmont Pky, Pasadena, TX 77505

6429 Fairmont Pky, Pasadena, TX 77505

price

$1,300,000|Listed: Oct 17, 2025

MLS#703903824

location

6429 Fairmont Pky, Harris County, Texas

Status:Active

Property Type

  • Commercial Acreage

Acreage

0.42 acres

County

Harris

Format

Sale

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Features

  • Electricity

Description

Exceptional opportunity to acquire a stabilized two-tenant dental office investment located in Pasadena, Texas, within Houston’s southeast medical and professional corridor. Both suites are leased to established dental practices with lease terms extending through 2030 with an additional 5 year option to extend, providing reliable cash flow and predictable income growth through 2.5% annual rent escalations. Priced at $1,300,000, this asset offers investors a 7.1% cap rate and a secure, long-term income stream from service-based tenants in a strong suburban healthcare market.

Property Highlights:Total Building Size: ±4,978 SF (Suite 101: ±2,986 SF | Suite 102: ±1,992 SF)Lot Size: ±0.42 AcresYear Built: 1999Lease Type: Modified NNN – tenants pay insurance, CAM, and utilities; landlord pays property taxes and structureLease Term: Both leases extend through 2030Annual Rent Increases: 2.5%Occupancy: 100% leased to long-term dental tenantsRecent Capital ImprovementsOwnership has proactively invested over $40,000 in property improvements, significantly reducing near-term capital exposure:Two new HVAC systems (2020)Roof and electrical repairs (2019–2024)

Plumbing upgrades (2025)New landscaping and parking lot improvements (2025)Fire/life safety and water meter updates (2024)

Location Overview:Situated in Pasadena, part of the Greater Houston metro area, the property benefits from a robust medical and professional presence anchored by HCA Houston Healthcare Southeast and a network of dental and healthcare providers. The surrounding community offers strong demographics, visibility, and easy access to major roadways, supporting long-term tenant retention and investor stability.

Showing Instructions:

This property is exclusively marketed by Andrus Land Group, brokered by Coldwell Banker D’Ann Harper, REALTORS®. To schedule a showing, please contact our team directly at info@andruslandgroup.com or (832) 536-9164.

Buyer’s agents must be present at all showings to qualify for co-broker compensation.

Notice to Buyer’s Agents:

To be eligible for compensation, buyer’s agents must accompany their clients at all showings. Offers submitted without agent representation may be subject to different terms and conditions.

A minimum of 24 hours’ notice is required for all showings.

Disclaimer:

At Andrus Land Group, we aim to provide accurate and detailed information on farm and ranch properties. However, these properties often involve a range of legal, financial, and environmental considerations. All details, including but not limited to acreage, boundaries, improvements, taxes, legal access, and zoning, should be independently verified by prospective buyers.

Information is subject to change without notice. Buyers are strongly encouraged to conduct thorough inspections and consult with appropriate legal, financial, and environmental professionals before entering into any purchase agreement. Andrus Land Group makes no warranties or representations as to the completeness or accuracy of the information provided.

Listing Agent

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Chad Andrus, ALC

Co-Op Member Owner

company

Andrus Land Group

location

Houston, Texas

Boa Safra - Farm Credit Partner

Co-op Approved Lender

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