Investment Overview

Marcus & Millichap, as the exclusive representative of the owner, is pleased to offer for sale 4100 South Shepherd Drive, Houston, Texas 77098 (the “Property”). Upon closing and funding, the Seller will agree to vacate at a date to be mutually agreed upon. Additionally, ownership will also consider leasing the entire second floor and retain ownership; or will consider a sale of the building and lease back the first floor for five (5) years. The approximate _______ square foot (SF) two-story office/medical building, with extensive remodeling in 2010, is located in the quiet, oak tree lined neighborhood of Southampton with an estimated 2022 household income of over $167,000 within a one-mile radius. The Property is only one (1) block South of US 59/69 providing direct access to Houston’s Downtown, the Texas Medical Center (https://www.tmc.edu/), the world’s largest medical complex with over 120,000 employees; nearby Rice Village (https://rice-village.com/) a walkable mixed use residential, dining and shopping district located adjacent to Rice University as well as the exclusive neighborhood of West University Place. Additionally, the Property is only minutes from the Galleria and the Texas Medical Center. In conclusion, 4100 provides an irreplaceable location for an astute office or medical owner/occupier or developer to occupy the entire building or lease a floor to another tenant while enjoying the cash flow from such an arrangement. Alternatively, the building owner would consider leasing the second floor of the building at a rental rate to be determined or selling the building, remaining in place, and leasing back the first floor for a five (5) year lease.