sold - 2015


4200 South Shepherd
Houston, TX 77098
Primary Use:

Office - Investment or User

Area of Town:

Southwest Houston - Rice Medical Area

Building Size:

~12,109 SF

Lot Size:

Unknown

List Price:

$2,000,000

Price/SF:

$165.16

Contact Broker

Attachments

Flyer

Property Description

  • Two-story garden office building
  • 100% leased with 570 SF available for sublease
  • Free covered parking
  • Parking ratio: 3/1,000 SF NRA
  • Quoted lease rate: $25/SF/YR NRA; Full Service
  •  Card-controlled access after hours
  • 8 Tenants
  • Normal Year to Year Operating Expenses: ~$10.50/SF/YR
  • Net Operating Income: $125,000/YR

Location Details

  • Located in the Rice-Medical Area in Houston, TX
  • Excellent business location - just South of the Southwest Freeway with easy access to the CBD, Greenway, Medical Center &  Galleria

FOR ADDITIONAL INFORMATION CONTACT:

ADAM MCALPINE, CCIM

Listing Agent


Office: 281.973.4562

Email: adam@mi-cre.com



RODDY MCALPINE

LISTING AGENT


Office: 281.973.0456

Email: roddy@mcalpineinterests.com

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