Listings

CXRE Commercial Real Estate

Commercial Property

2938 Eldridge Pky, Houston

Houston, TX 77082

47,952 Sq Ft
65500 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 2938 Eldridge Pky in Houston is a Retail Power Center property, in the 77082 zip code. This property boasts 52202 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2008 W-Nq Market Square Owner Viii Lp created 47952 SF of improvements. CXRE further estimates W-Nq Market Square Owner Viii Lp and the property’s previous owners, have realized approximately $4,860,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $908,500.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1304690010009
Improved Type DescriptionRetail Power Center
Max Contiguous SF47,952
Min Contiguous SF52,202
OwnerW-NQ MARKET SQUARE OWNER VIII LP
QualityGood
Rentable Building Area65500
Use Code DescriptionReal, Commercial
Year Built2008

Financial Details

Est. Accrued Depreciation$4,860,415
Est. Avg. Income908500

MS Replacement Cost$4,860,415
Value Per Sq Ft$0.00

The 77082 zip code has a population of 49,900 and is located on the east side of the Barker Reservoir. The area is defined by moderately spaced suburbs and many apartment complexes, as well as some retail areas and the Shell Technology Center and Global Solutions office. The median household income is $50,294, and the median population age is 32 years old. 42.1% of the population over 25 years of age has earned a college degree. The majority of homes were built in the 1980’s and 2000’s, and 55% of households are rented rather than bought. The median home value is $124,000.

CXRE, LLC is a technology-driven commercial real estate services firm providing solutions for landlords and tenants throughout Texas. Our experts work across commercial property management, the top commercial real estate brokers, who provide both tenant and owner commercial office leasing services for institutional, office, medical and government clients throughout Houston, Dallas-Ft. Worth, San Antonio, and their various submarkets. We provide quantitatively effective, efficient and process-driven commercial real estate services for first-class building owners & office investors who demand expedited exceptionalism.The office buildings on this site are not being offerred for lease by CXRE Group or any of its affiliates; the office building data is an information source for prospective tenants who would like to hire CXRE, LLC to be its tenant representation broker.

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