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3619 S Shepherd Dr 6,010 SF Retail Building Houston, TX 77098 $2,500,000 ($415.97/SF)

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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
$415.97
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’ on Shepherd Dr

AMENITIES

  • Pylon Sign
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

IHOP
Twin Peaks
Freebirds World Burrito
The Halal Guys
Amys Ice Creams
Trader Joe's
H-E-B
Orangetheory Fitness
Starbucks
SouthState Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0540580000005
Land Assessment
$1,027,933
Improvements Assessment
$83,016
Total Assessment
$1,110,949
  • Listing ID: 31157987

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 3619 S Shepherd Dr, Houston, TX 77098

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