This Neighborhood Shopping Ctr commercial property located at 3939 Washington Ave in Houston is a Strip Shopping Center property, in the 77007 zip code. This property boasts 24396 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2009 5C 3939 Washington Lp created 24240 SF of improvements. CXRE further estimates 5C 3939 Washington Lp and the property’s previous owners, have realized approximately $2,457,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $729,600.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1312460010001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF24,240
- Min Contiguous SF24,396
- Owner5C 3939 WASHINGTON LP
- QualityGood
- Rentable Building Area22108
- Use Code DescriptionReal, Commercial
- Year Built2009
Financial Details
- Est. Accrued Depreciation$2,456,966
- Est. Avg. Income729564
- MS Replacement Cost$2,456,966
- Value Per Sq Ft$0.00