Modern Office
For Sale
$575,000
2681 Macarthur Boulevard, Lewisville, TX 75067
CommercialSale, Lewisville, TX
Property Size1,560 SF
Lot Size2.32 Acres
Price / SF$368.59
Days on Market94
Property Features for 2681 Macarthur Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office
Parking features
Parking Lot, Assigned, Open
Subdivision
Vista Rdg Macarthur Office Park
Lot features
Landscaped, Sprinkler System
Directions
GPS
Standard status
Active
APN
R967140
Size
1,560 SF
Lot size
2.32 Acres
Taxes and HOA fees
Tax Description
VISTA RIDGE MACARTHUR OFFICE PARK BLD 2 UNT 2
Tax Annual Amount
8037
Legal Description
VISTA RIDGE MACARTHUR OFFICE PARK BLD 2 UNT 2
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2020
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Brick, Rock, Stone
Roof type
Shingle, Composition
Listing Agency:
D&B Brokerage Services LLC
(469) 451-6330
Listed By:
Mani Raveendran · License #9010247
(817) 312-7861
Added: May 21
Changed: Aug 21
Last Checked: Aug 22 at 4:06PM
MLS# 21152873
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.
Investment Insights
Based on property information with market context.
This 1,560-square-foot office unit, built in 2020, is arranged for professional operations with five private offices, a large conference room, lobby, break room, and restroom. Interior improvements include tile flooring, quartz countertops with white cabinetry, designer tile accents at reception, and contemporary window shades. Large windows bring natural light into the workspace, while central electric heating and cooling support year-round comfort.
The property is currently leased through September 2026 and includes access to open, assigned parking in an on-site lot. Its Lewisville location provides proximity to Hwy 121 and I-35. The building uses brick, rock, and stone construction with a composition shingle roof and public water service.
The property is currently leased through September 2026 and includes access to open, assigned parking in an on-site lot. Its Lewisville location provides proximity to Hwy 121 and I-35. The building uses brick, rock, and stone construction with a composition shingle roof and public water service.
Key Highlights
- 1,560 SF office unit built in 2020
- Five private offices plus a large conference room
- Currently leased through September 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,880
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$577,600
$577.6K
Cap Rate 7%
$412,571
$412.6K
Cap Rate 9%
$320,889
$320.9K
Market Conditions
NOI Build-Up for 1,560 SF
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.
Gross rent
$51.5K $33.00/SF
− Vacancy
−$13.0K −$8.32/SF
EGI
$38.5K $24.68/SF
− OpEx
−$9.6K −$6.17/SF
NOI
$28.9K $18.51/SF
Area
Lewisville, TX
Vacancy
25.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$577,600
Cap Rate 7%
$412,571
Cap Rate 9%
$320,889
Alternative Uses
Best Use
Office B
$412.6K
$361.0K – $481.3K
NOI $28,880 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$520.1K
$455.1K – $606.8K
NOI $36,407 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,320
Businesses Nearby
Explore this area
Business Placement
Demographics for 75067, TX
68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Leased professional workspace with private offices, conference facilities, and convenient access to major highways.
Where is this office units located?
The property is located at 2681 Macarthur Boulevard Lewisville, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,560 SF office unit built in 2020; Five private offices plus a large conference room; Currently leased through September 2026
