This Neighborhood Shopping Ctr commercial property located at 2727 Fondren Rd in Houston is a Strip Shopping Center property, in the 77063 zip code. This property boasts 39183 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1969 Fondren Square Ctr created 35456 SF of improvements. CXRE further estimates Fondren Square Ctr and the property’s previous owners, have realized approximately $3,049,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $364,100.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD410280030054
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF35,456
- Min Contiguous SF39,183
- OwnerFONDREN SQUARE CTR
- QualityAverage
- Rentable Building Area35518
- Use Code DescriptionReal, Commercial
- Year Built1969
Financial Details
- Est. Accrued Depreciation$3,049,926
- Est. Avg. Income364060
- MS Replacement Cost$3,049,926
- Value Per Sq Ft$0.00