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Houston Heights Flex Space Available
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551 N Shepherd Dr, Houston, TX 77007

Office, showroom, and warehouse space in Houston Heights.

Space SizeContact for details
Property Size34,385 SF
Days on Market161

Property Features for 551 N Shepherd Dr

General Information

Standard status Active
Size 34,385 SF
Class C
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 34,385 SF
Tenancy Multiple

Spaces For Lease

at 551 N Shepherd Dr Contact us

Available Space 1

Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Proximity Commercial Advisors
Listed By: Leigh Anne Ahr · License #TX Texas
Source: Crexi
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 12 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Proximity Commercial Advisors

Investment Insights

Based on property information with market context.

This 13,931 square foot flex space is located on N. Shepherd Drive in the Houston Heights. The property features 5,117 square feet of office space, 1,769 square feet of showroom space, and 7,045 square feet of warehouse space. The warehouse has a 16-foot clear height, two dock-high doors, one ramp, and 10x12 overhead doors. The building is of tiltwall construction and offers access to I-10 and 610. The property is also walkable to the M-K-T area. It can be used as office, showroom, and warehouse. The property is locally owned and managed.

Key Highlights

  • Excellent access to I‑10/610
  • 13,931 SF office/showroom/warehouse space
  • 7,045 SF warehouse with 16' clear height**

Property Analytics

Current Use

Skyline CrossFit Gym & Fitness Center Vandrick James Furniture ... Furniture & Home Goods Leighton Hale Antiques Home Decor Store Adi Performance Systems Professional Services The Setup - Golf Performance ... Gym & Fitness Center

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Food Market Hotel & Motel Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,522
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77007, TX

42,908
Population
26,281
Households
1.6
Avg Household Size
34
Median Age
80%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
5,721
Density / Sq Mi
$140,878
Median Household Income
$92,408
Median Earnings
$1,951
Median Rent
$501,300
Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Heavenly Desserts 111 yale st, houston, tx 77007
  • Fork & Truck 1219 n shepherd dr, houston, tx 77007
  • Daddy's Chicken Shack 1223 W 11th St Suite 100, Houston, TX 77008
  • Beasley's Food Truck 519 heights blvd, houston, tx 77007

Frequently Asked Questions

What type of property is this?
Flex space - Office, showroom, and warehouse space in Houston Heights.
Where is this flex space located?
The property is located at 551 N Shepherd Dr Houston, TX.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑10/610; 13,931 SF office/showroom/warehouse space; 7,045 SF warehouse with 16' clear height**
(281) 995-8765 Call to check price and availability
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