This Neighborhood Shopping Ctr commercial property located at 12450 Bissonnet St in Houston is a Strip Shopping Center property, in the 77099 zip code. This property boasts 24768 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1983 New Frontier Partners Ltd created 23268 SF of improvements. CXRE further estimates New Frontier Partners Ltd and the property’s previous owners, have realized approximately $2,001,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $217,900.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1071670000003
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF23,268
- Min Contiguous SF24,768
- OwnerNEW FRONTIER PARTNERS LTD
- QualityAverage
- Rentable Building Area22932
- Use Code DescriptionReal, Commercial
- Year Built1983
Financial Details
- Est. Accrued Depreciation$2,001,513
- Est. Avg. Income217854
- MS Replacement Cost$2,001,513
- Value Per Sq Ft$0.00