Complimentary Marketing Analysis Helpful Link
Countryside Village I & II
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For Information, contact
Andy Hsu

Tel: 713-414-5529
Fax: 713-490-3189
E-mail: ahsu8888@aol.com
 
Address: 2436-2678 FM 1960 E., Houston, Texas 77073
Country: Harris
Building Area/Units: 137,000 SF
Lot Size: 11 AC
Price: $7,500,000
Price/SF: $54.74
Cap Rate: 7.9%
Occupancy Rate: 89%
Year Built: 1978/83

Property Description:
Coutrywide village is located at southwest corner of the intersection of FM 1960 E and Humble Westfield Road. The center has approximately 1,000 feet frontage along the south side of FM 1960 E. The property is located less than 1 mile east of Hardy Toll Road and 3 miles east of I-45. George Bush Intercontinental Airport is less than 1 mile south. The property is currently 89% occupied by a mixture of local and national tenants. JP Mogan Chase Bank, Cash America, Bertani Enterprises, Radiance and Furniture Depot are among its major tenants

Location Description:
With its location along FM 1960 E, Countryside Village Shopping Center is strategically positioned to benefit from its readily accessible location just 1 mile north of George Bush Intercontinental Airport. The project is only minutes from Hardy Toll Road (the major through fair connecting the Woodlands to the north and Downtown Houston to the south) and I-45 North (the interstate freeway connecting Houston and Dallas.) The North Houston submarket has been active in terms of new residential developements, new road constructions and major commercial developments.

       
       
Financial Summary
Effective Gross Income: $794,739
Maintenance: $93,797
Taxes: $80,078
Insurance: $27,009
Total Expenses: $200,884
Net operating Income: $593,855
Major Tenants
Furniture Depot 45,000SF
Bertani Enterprises 15,000SF
Cash America 6,000SF
Dollar Queen 9,895SF
Radiance 8,264SF
Debt&Financial Information

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