3619 S Shepherd Dr - Freestanding FOR SALE


Houston, TX 77098- Montrose
$2,500,000 USD
713-252-0907
3619 S Shepherd Dr, Houston, TX for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

3619 S Shepherd Dr
Houston, TX 77098
Montrose


HIGHLIGHTS

  • The business, along with its inventory, can be purchased if desired.
  • The property is in close proximity to Hwy 59, River Oaks, The Galleria, Highland Village and Montrose, offering excellent visibility and accessibility
  • High-end retail, restaurants, and museums are nearby.
  • This location is an attractive investment opportunity for an owner/user or developer.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Portsmouth St

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

0540580000005

ASK ABOUT THIS PROPERTY

Glenn DickersonNewQuest PropertiesMore Info
713-252-0907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glenn DickersonNewQuest PropertiesMore Info
713-252-0907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.