River Oaks
River Oaks

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River Oaks Shepherd Commons, located at 2015-2019 South Shepherd Drive in the prestigious River Oaks neighborhood of Houston, is a dynamic retail and professional center managed by Wali Partners. This bustling complex is home to beloved local spots like Houston's Famous Hot Bagel, a favorite destination for Houstonians for three generations.​

The property also features a fully fitted doctor's office, making it a convenient choice for medical professionals and patients alike. Currently, the site is undergoing an exciting refurbishment of its older Building B. These updates aim to enhance the property with prime storefront locations designed to attract top-tier Houston retailers, medical practices, and food and beverage businesses.​

With its strategic location and a mix of established tenants and refreshed spaces, River Oaks Shepherd Commons continues to solidify its position as a hub of commerce and community in one of Houston's most vibrant areas.

91

WALKABILITY SCORE​

94

LOCATION SCORE​

32,039 ​

PER DAY TRAFFIC COUNT ​

513,946 ​

WITHIN 5 MILES POPULATION ESTIMATE ​

buildings
River Oaks

ROSC PARKING ​

The building offers two convenient parking locations in the front and a large parking area at the back. Plans are underway to restripe these spaces soon, ensuring a refreshed and organized layout. Additionally, the area is surrounded by several other businesses with parking availability, providing potential overflow options for tenants requiring valet services during evening hours.

RIVER OAKS MARKET DEMOGRAPHICS ​ ​

1 Mile3 Miles5 Miles10 Min. Drive
Households by Income​16,503​106,471​238,343​​185,520
Less than $25,0001,68210.19%12,06111.33%38,42116.12%28,06815.13%
$25,000–$50,0002,05312.44%11,68210.97%34,25114.37%25,13313.55%
$50,000–$75,0002,21213.40%15,15814.24%34,59514.51%27,55514.85%
$75,000–$100,0001,73810.53%12,11511.38%25,42710.59%20,22810.90%
$100,000–$125,0001,3798.36%9,5919.01%19,7758.30%15,9018.57%
$125,000–$150,0001,2397.51%7,766​7.29%14,8596.23%11,441​6.17%
$150,000–$200,0001,71210.37%12,00911.28%21,6389.08%17,4409.40%
$200,000+4,48827.20%26,089​24.50%49,557​20.79%39,75421.43%
2023 Avg Household Income$145,461$140,155$123,888$126,680

River Oaks Retail Market ​

Total Specified Consumer Spending1 Mile3 Miles5 Miles10 Miles
Total Apparel$27.8M$181.9M$400.4M$312.4M
Women's Apparel$11.3M$72.2M$155.4M$122.3M
Men's Apparel$6.1M$40M$85.9M$68.2M
Girl's Apparel$1.8M$12.4M$28.5M$20.9M
Boy's Apparel$1.2M$8.6M$20.2M$14.6M
Infant Apparel$1.2M$8.2M$19.1M$15.7M
Footwear$6.2M$40.5M$91.3M$70.7M
Total Entertainment & Hobbies$89.7M$550.3M$1.1B$905.5M
Entertainment$7.4M$45.3M$100M$79.6M
Audio & Visual Equipment/Service$19.5M$124.1M$262.2M$207.8M
Reading Materials$1.4M$8.1M$15.6M$12.8M
Pets, Toys, & Hobbies$15.6M$95.4M$190.4M$152.4M
Personal Items$45.8M$277.4M$568.9M$452.8M
Total Food and Alcohol$156.4M$994.7M$2.1B$1.7B
Food At Home$68.8M$441M$979.7M$761.9M
Food Away From Home$74M$468.9M$962.3M$770.3M
Alcoholic Beverages$13.7M$84.8M$168.9M$138M
Total Household$112.4M$684.2M$1.4B$1.1B
House Maintenance & Repair$17.6M$99.2M$211.9M$164.8M
Household Equip & Furnishings$41.3M$260.6M$531.1M$424.9M
Household Operations$35.5M$216.4M$440.9M$359M
Housing Costs$18M$107.9M$210.3M$170.6M

River oaks average income higher than other areas in Houston

The median household income in the River Oaks Area is an impressive $145,705 within 2-mile radius, which is significantly higher than the greater Houston area, as well as the national average. ​

This high-income level indicates a strong consumer base with substantial purchasing power. ​

$145,000​

median household income ​

WALI + PARTNERS ​

We are a team of professionals that have years of experience in commercial real estate transactions. We only work in markets where we have experience, as real estate is a business where local knowledge is key. Using our deep-rooted and extensive network of contacts, we deliver both on- and off- market opportunities to our clients.

T : 713.263.3604​ - F : 713.263.3605​

E: info@walipartners.com - W:www.walipartners.com