This Neighborhood Shopping Ctr commercial property located at 5848 Westheimer Rd in Houston is a Strip Shopping Center property, in the 77057 zip code. This property boasts 25145 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1980 5860-5888 Westheimer Ltd % Watergate Management created 22102 SF of improvements. CXRE further estimates 5860-5888 Westheimer Ltd % Watergate Management and the property’s previous owners, have realized approximately $2,240,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $1,562,800.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD690910000001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF22,102
  • Min Contiguous SF25,145
  • Owner5860-5888 WESTHEIMER LTD % WATERGATE MANAGEMENT
  • QualityGood
  • Rentable Building Area39850
  • Use Code DescriptionReal, Commercial
  • Year Built1980

Financial Details

  • Est. Accrued Depreciation$2,240,258
  • Est. Avg. Income1562760
  • MS Replacement Cost$2,240,258
  • Value Per Sq Ft$0.00