7272 N Shepherd Drive is the premier opportunity for practices to establish themselves in a rapidly evolving area with a steeply increasing population and personal incomes.
The freestanding building spans approximately 5274 square feet with an efficient layout fully organized for medical/surgery/dental or oral surgery practices and more. The former occupant is expanding into a large adjacent ambulatory surgical center (ASC), leaving it in operation-ready condition. 7272 N Shepherd Drive features doctors’ offices, exam rooms, operating rooms, procedure prep areas, a built-out nurses' station, records storage, clean work areas, a conference room, a reception desk, a waiting area, space for lab equipment, and more. It also has two radiation-safe procedure/operating rooms, making this an easy takeover for breast cancer centers, orthopedics, sports medicine, dental or oral surgery and more. Access is easy with ample parking, wheelchair-accessible entry, and a separate ambulance entrance. Pavement maintenance, parking power wash and restriping and repainting underway.
The landlord has made recent upgrades, such as repainting and replacing fencing, and 7272 N Shepherd Drive’s robust infrastructure readies it for intensive operations. It includes two new full-capacity HVAC units and another smaller unit, extensive plumbing for users such as dental practices, and a retention pond that has prevented flooding during several major storms. The annual lease rate is $15 per square foot with another $8.75 per square foot NNN (estimated tax, insurance, and CAM expenses). The landlord will also consider a lower lease rate per square foot depending on lease start, duration of lease, and build-outs/modifications.
Located in a private area next to a courthouse and police station, 7272 N Shepherd Drive offers a safe, secluded location yet still provides maximum exposure along the heavily traveled thoroughfare with tower signage directly off the street. N Shepherd Drive is a four-lane road that leads directly to the center of Houston, providing visibility to about 30,000 vehicles per day, and Interstate 45 is only a half-mile away, enhancing accessibility. Kindred Healthcare has a large footprint in the immediate vicinity, already making this a go-to medical destination. As an established area for healthcare needs, 7272 N Shepherd Drive is a valuable address to serve the gentrifying environment, a trend that is immediately visible from the building’s doorstep, with new condo buildings popping up around it. In fact, the number of households within a 2-mile radius grew by 8.8% from 2020 to 2024 and is estimated to rise another 8% through 2029. The current demographic landscape already has a high prevalence of kidney disease and diabetes, and the dynamic changes happening in the area will increase demand for even more specialties.
