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