This Neighborhood Shopping Ctr commercial property located at 12709 Beechnut St in Houston is a Strip Shopping Center property, in the 77072 zip code. This property boasts 16030 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2006 Hoc Mai Corporation created 13780 SF of improvements. CXRE further estimates Hoc Mai Corporation and the property’s previous owners, have realized approximately $1,679,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $299,700.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1158800000012
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF13,780
- Min Contiguous SF16,030
- OwnerHOC MAI CORPORATION
- QualityExcellent
- Rentable Building Area23050
- Use Code DescriptionReal, Commercial
- Year Built2006
Financial Details
- Est. Accrued Depreciation$1,678,955
- Est. Avg. Income299650
- MS Replacement Cost$1,678,955
- Value Per Sq Ft$0.00