This Neighborhood Shopping Ctr commercial property located at 11700 Westheimer Rd in Houston is a Strip Shopping Center property, in the 77077 zip code. This property boasts 23028 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2011 Ch Retail Fund I Houston Royal Oaks Lp created 20741 SF of improvements. CXRE further estimates Ch Retail Fund I Houston Royal Oaks Lp and the property’s previous owners, have realized approximately $2,102,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $557,200.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1190900000002
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF20,741
- Min Contiguous SF23,028
- OwnerCH RETAIL FUND I HOUSTON ROYAL OAKS LP
- QualityGood
- Rentable Building Area20637
- Use Code DescriptionReal, Commercial
- Year Built2011
Financial Details
- Est. Accrued Depreciation$2,102,308
- Est. Avg. Income557199
- MS Replacement Cost$2,102,308
- Value Per Sq Ft$0.00