This Neighborhood Shopping Ctr commercial property located at 3003 Fondren Rd in Houston is a Strip Shopping Center property, in the 77063 zip code. This property boasts 15312 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Veekay Investments Ltd created 14332 SF of improvements. CXRE further estimates Veekay Investments Ltd and the property’s previous owners, have realized approximately $1,232,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $170,400.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD973980000002
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF14,332
  • Min Contiguous SF15,312
  • OwnerVEEKAY INVESTMENTS LTD
  • QualityAverage
  • Rentable Building Area14200
  • Use Code DescriptionReal, Commercial
  • Year Built1984

Financial Details

  • Est. Accrued Depreciation$1,232,839
  • Est. Avg. Income170400
  • MS Replacement Cost$1,232,839
  • Value Per Sq Ft$0.00