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3200 S Shepherd Dr
Houston, TX 77098
Mercantil Bank · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,850 SF
Building Class
C
Year Built/Renovated
1995/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.24 AC
Zoning
None
Parking
13 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
81’ on Shepherd Dr
Amenities
- Monument Signage
About 3200 S SHEPHERD DR , HOUSTON, TX 77098
JLL is pleased to offer for sale the fee simple interest in a single-tenant, freestanding Mercantil Commercial Bank (the “Property” or “Asset”) located in Houston, Texas. Located on the hard corner along Shepherd Drive, the Asset is subject to an absolute triple net (“NNN”) lease with just under five years of primary term remaining as well as two, five-year options for renewal. This offering represents an exceptional opportunity to acquire an asset with significant intrinsic value and minimal landlord responsibilities within an affluent and densely-populated Houston market.
Property Taxes
| Parcel Number | 0630750020001 | Improvements Assessment | $610,896 |
| Land Assessment | $1,025,000 | Total Assessment | $1,635,896 |
Property Taxes
Parcel Number
0630750020001
Land Assessment
$1,025,000
Improvements Assessment
$610,896
Total Assessment
$1,635,896
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