4100 Shepherd DrHouston, TX 77098

For Sale
$3,550,000

Owner-user opportunity, 9,791 sq ft, vacant

Overview

Added:
Dec 11, 2024
Days on market:
94
This 9,791 square foot, two-story medical/office building presents a rare owner-user opportunity in Houston, Texas. Located at 4100 S Shepherd Dr, this Class B property boasts a prime location, just one block south of US 59/69, offering easy access to downtown Houston, the Texas Medical Center, Rice Village, and the Galleria. Built in 1975 and extensively renovated in 2010, the building features beautiful interior finishes and is move-in ready. The 0.4-acre lot includes 31 surface parking spaces, an automatic gated entrance, and secured fenced parking, along with monument signage on S. Shepherd Drive. The asking price is $3,550,000 ($362.58/sq ft). The seller is open to a sale/leaseback of the first floor for a minimum three-year term, or leasing the entire second floor to a third-party tenant for a minimum five-year term at $32/SF/YR + expenses. This presents an ideal situation for an owner-occupier seeking to utilize the entire building or lease a portion while generating rental income. The property is currently vacant.

Highlights

  • Corner lot at S. Shepherd and Banks St.
  • 0.4012-acre rectangular lot.
  • Owner-user opportunity; potential sale-leaseback of first floor to seller.
  • Beautiful interior finishes.
  • Move-in ready condition.
  • Automatic gated entrance with secured fenced parking.

Property Details for 4100 Shepherd Dr

Property type
Other office properties, Medical offices
Square Feet
9,791 SF
Class
B
Year Built/Renovated
1975/2010
Buildings
1
Stories
2
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.72951131268
Longitude
-95.410840675707
4100 Shepherd Dr, Houston, Texas

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4100 Shepherd Dr
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