3619 S Shepherd Dr
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3619 S Shepherd Dr
6,010 SF Retail Building Houston, TX 77098 $2,500,000 ($416/SF)
INVESTMENT HIGHLIGHTS
- The business, along with its inventory, can be purchased if desired.
- High-end retail, restaurants, and museums are nearby.
- The property is in close proximity to Hwy 59, River Oaks, The Galleria, Highland Village and Montrose, offering excellent visibility and accessibility
- This location is an attractive investment opportunity for an owner/user or developer.
EXECUTIVE SUMMARY
3619 S Shepard Drive sits on 0.22 acres with a 6,000-square-foot freestanding retail building for sale. This site is the current home to Rockin’ Robin Music Store, located on the highly desired Shepherd Drive, and is being offered for the first time in 40 years. This prominently placed corner location at the signalized intersection of Portsmouth Street and Shepard Drive sees more than 30,800 cars passing daily, an immense built-in benefit for tenant pylon and building signage exposure. While the business and inventory can be included in the sale, this presents an investor with a stabilized income stream and the ability to pursue conversion/ renovations.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,010 SF
Building Class
C
Year Built
1940
Price
$2,500,000
Price Per SF
$416
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.22 AC
Parking
10 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
71 FT on Shepherd Dr
AMENITIES
- Pylon Sign
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0540580000005 | Improvements Assessment | $70,073 |
| Land Assessment | $1,025,581 | Total Assessment | $1,095,654 |
PROPERTY TAXES
Parcel Number
0540580000005
Land Assessment
$1,025,581
Improvements Assessment
$70,073
Total Assessment
$1,095,654
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3619 S Shepherd Dr
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