This Neighborhood Shopping Ctr commercial property located at 5650 Kirby Dr in Houston is a Strip Shopping Center property, in the 77005 zip code. This property boasts 28087 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 1999 Retail Fund I Houston Rice created 21514 SF of improvements. CXRE further estimates Retail Fund I Houston Rice and the property’s previous owners, have realized approximately $2,621,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $685,100.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD731190020025
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF21,514
- Min Contiguous SF28,087
- OwnerRETAIL FUND I HOUSTON RICE
- QualityExcellent
- Rentable Building Area20761
- Use Code DescriptionReal, Commercial
- Year Built1999
Financial Details
- Est. Accrued Depreciation$2,621,265
- Est. Avg. Income685113
- MS Replacement Cost$2,621,265
- Value Per Sq Ft$0.00