This Neighborhood Shopping Ctr commercial property located at 11078 Veterans Memorial Dr in Houston is a Strip Shopping Center property, in the 77067 zip code. This property boasts 75653 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 2007 Phan Vm Holdings Llc created 71657 SF of improvements. CXRE further estimates Phan Vm Holdings Llc and the property’s previous owners, have realized approximately $6,163,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $583,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1336650010001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF71,657
  • Min Contiguous SF75,653
  • OwnerPHAN VM HOLDINGS LLC
  • QualityAverage
  • Rentable Building Area80520
  • Use Code DescriptionReal, Commercial
  • Year Built2007

Financial Details

  • Est. Accrued Depreciation$6,163,935
  • Est. Avg. Income582965
  • MS Replacement Cost$6,163,935
  • Value Per Sq Ft$0.00