Flower Mound Office
3605 Yucca Drive, Flower Mound, TX 75028
Office - Flower Mound, TX
Type:Office
Property size:
12,070 SFLot size:
0.55 AcresPrice / SF:
$265/SF- Added:
- Apr 13, 2026
- Days on Market:
- 48
- Last Refresh:
- May 30 at 10:06 am
Property Features for 3605 Yucca Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R657698
- Size
- 12,070 SF
- Lot size
- 0.55 Acres
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 2005
- Flooring type
- Other
- Building materials
- See Remarks
- Architectural style
- Other
Listing agent Liam Rose License #0774073 (940) 484-9411
Listing office Keller Williams Realty 2434 Lillian Miller PKWY, Denton, TX (940) 484-9411
Listing date Apr 13, 2026
MLS# 21236539
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Value‑add opportunity with approximately 51% occupancy and lease‑up potential.
- In‑place income from existing tenants.
- Suitable for owner‑user to occupy a portion and offset costs with rental income.
- Located at a high‑traffic intersection with easy access.
- Staggered leases provide flexibility.
- Built in 2005 as a Class B office asset.
Overview
This Class B multi-tenant office asset is located in Flower Mound, Texas. The property contains 12,070 square feet and is situated on a 0.545-acre lot. The property is approximately 51% occupied, providing in-place income with lease-up upside. It offers easy access at a high-traffic intersection, supporting both tenant demand and owner-user functionality. The property is structured with staggered leases and market rent upside, making it suitable for investors seeking value-add stabilization or an owner-user looking to occupy a portion while offsetting costs with rental income.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $298.4k | $24.72 |
| − Vacancy | −$74.6k | −$6.18 |
| EGI | $223.8k | $18.54 |
| − OpEx | −$55.9k | −$4.64 |
| NOI | $167.8k | $13.91 |
12,070 SF · lease $24.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,833 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$168.79M
$147.69M – $196.92M
NOI $11,815,441 @ 7.0% cap · market cap 369.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Flower Mound
- County
- Denton
- State
- Texas
- Longitude
- -97.068313
- Latitude
- 33.034892
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Class B office building with income and lease-up potential.
Where is this office building located?
The property is located at 3605 Yucca Drive Flower Mound, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Value‑add opportunity with approximately 51% occupancy and lease‑up potential.; In‑place income from existing tenants.; Suitable for owner‑user to occupy a portion and offset costs with rental income.
