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Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee-simple interest in 6015 Fairmont Parkway (“the Property”), a 5,073 SF freestanding retail building located in Pasadena, TX. The Property carries a single tenant lease and is occupied by the well-known national tenant Dogtopia.
The Property has a brand new 10 year lease, with Dogtopia having two 5-year renewal options. The freestanding Property sits along the heavily trafficked Fairmont retail corridor, offering direct frontage to Fairmont Pkwy (35,049 VPD) and immediate proximity to Beltway 8 (52,088 VPD). 6015 Fairmont Pkwy offers investors an excellent opportunity to invest in a stabilized asset within a growing and thriving community.
- SINGLE-TENANT PROPERTY FEATURING A RECOGNIZABLE NATIONAL PETCARE TENANT - DOGTOPIA
- PREMIER ACCESSIBILITY & VISIBILITY TO OVER 85,000 VPD
- 70% REVENUE GROWTH (YOY)
- 23% SAME STORE SALES GROWTH
- #1 PETCARE BRAND
- (ENTREPRENEUR MAGAZINE)
- CENTERED IN ONE OF PASADENA’S MOST PROMINENT RETAIL CORRIDORS
- SURROUNDED BY A GROWING POPULATION - 8.61% GROWTH IN THE LAST 10 YEARS
- OFFERED AT A SUPERIOR BASIS - SIGNIFICANT DISCOUNT TO REPLACE COST