11780 FM 1960, Houston, TX 77065
Retail or office space available in established center.
- Added:
- Jan 14, 2023
- Days on Market:
- 1269
- Last Refresh:
- Jul 5 at 3:25 am
Property Features for 11780 FM 1960
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1995
Listing office Texas Commercial Real Estate Services (713) 473-7200
Listing date Jan 14, 2023
Source Crexi
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HighLights
- Retail/office space available for lease or sale.
- Located in a well‑established center.
- Located on FM 1960 and Fallbrook.
- Space suitable for retail or office use.
- Built in 1995.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $20.52 |
| − Vacancy | −$1.7k | −$1.15 |
| EGI | $29.1k | $19.37 |
| − OpEx | −$8.7k | −$5.81 |
| NOI | $20.3k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.596697
- Latitude
- 29.92586