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Move-In Ready Medical Suites
For Lease
$5,420/Mo

4370 Medical Arts Dr, Flower Mound, TX 75028

Freshly renovated, move-in-ready medical office suites at River Walk Medical Park III within the Texas Health Presbyterian Hospital Flower Mound campus.

Space SizeContact for details
Days on Market71

Property Features for 4370 Medical Arts Dr

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: Dallas
Listed By: Tanya Hart
Source: Colliers
Added: Jun 3 Changed: Aug 12 Last Checked: Aug 12 at 3:21AM

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 Dallas

Investment Insights

Based on property information with market context.

River Walk Medical Park III offers freshly renovated, move-in-ready medical office suites with contemporary finishes and functional layouts. The property is owned and managed by Welltower and includes upgraded amenities designed to support day-to-day clinical operations.

Located at 4370 Medical Arts Dr in Flower Mound, the office suites are positioned on the Texas Health Presbyterian Hospital Flower Mound campus. The setting is intended for providers seeking close proximity to hospital services and related healthcare facilities.

Suites are presented as spec-ready spaces with a tenant mix described by the operator as collaborative, supporting a shared healthcare environment within the park.

Key Highlights

  • Freshly renovated, move‑in‑ready medical office suites at River Walk Medical Park III
  • Address: 4370 Medical Arts Drive, Flower Mound, TX 75028
  • Located on the Texas Health Presbyterian Hospital Flower Mound campus

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Restaurant Building Supply 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,042
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75028, TX

46,830
Population
18,189
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
15.6 sq mi
ZIP Area
3,002
Density / Sq Mi
$147,040
Median Household Income
$72,270
Median Earnings
$2,233
Median Rent
$458,100
Median Home Value

Market

Lease Benchmarks for Flower Mound, TX

$34.71 /SF/Yr
Avg Asking Price
$12–$111 /SF/Yr
Price Range
11,774 SF
Avg Space Size

This space is priced 65% below the average of $34.71 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Freshly renovated, move-in-ready medical office suites at River Walk Medical Park III within the Texas Health Presbyterian Hospital Flower Mound campus.
Where is this medical office space located?
The property is located at 4370 Medical Arts Dr Flower Mound, TX.
What is the lease rate?
The lease rate is $5,420/Mo.
What are key features of this property?
This property features: Freshly renovated, move‑in‑ready medical office suites at River Walk Medical Park III; Address: 4370 Medical Arts Drive, Flower Mound, TX 75028; Located on the Texas Health Presbyterian Hospital Flower Mound campus
More about this property
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