Duplex Office
For Sale
$879,800
2785 Rockbrook Drive #104 & 105, Lewisville, TX 75067
Combined sale of two commercial office suites in a 2011-built property.
Property Size2,782 SF
Price / SF$369.35
Days on Market131
Property Features for 2785 Rockbrook Drive #104 & 105
General Information
Standard status
Active
Size
2,782 SF
Property subtype
Commercial
Zoning
COMMERCIAL
Building Details
Building Size
2,782 SF
Year Built
2011
Stories
1
Units
2
Listing Agency:
Citiwide Properties Corp.
(972) 808-9988
Listed By:
Kevin Foster
Source:
Signaturere
Added: Apr 22
Changed: Aug 30
Last Checked: Aug 30 at 7:58AM
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 Citiwide Properties Corp.
Investment Insights
Based on property information with market context.
This offering includes Suites 104 and 105 at 2785 Rockbrook Drive in Lewisville, Texas. The units are configured as a duplex-style office property with a combined reported property size of 2,382.
The property was built in 2011 and carries COMMERCIAL zoning. Both suites are included in the sale, providing one transaction for the paired office units.
The property was built in 2011 and carries COMMERCIAL zoning. Both suites are included in the sale, providing one transaction for the paired office units.
Key Highlights
- Suites 104 and 105 included in the sale
- Duplex‑style office configuration
- Combined reported property size of 2,382
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
$44,098
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
5.01%
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%
$881,960
$882.0K
Cap Rate 7%
$629,971
$630.0K
Cap Rate 9%
$489,978
$490.0K
Market Conditions
NOI Build-Up for 2,382 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
$78.6K $33.00/SF
− Vacancy
−$19.8K −$8.32/SF
EGI
$58.8K $24.68/SF
− OpEx
−$14.7K −$6.17/SF
NOI
$44.1K $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%
$881,960
Cap Rate 7%
$629,971
Cap Rate 9%
$489,978
Alternative Uses
Best Use
Office B
$630.0K
$551.2K – $735.0K
NOI $44,098 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$794.1K
$694.9K – $926.5K
NOI $55,590 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
111
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 - Combined sale of two commercial office suites in a 2011-built property.
Where is this office units located?
The property is located at 2785 Rockbrook Drive #104 & 105 Lewisville, TX.
What is the asking price?
The asking price for this property is $879,800.
What are key features of this property?
This property features: Suites 104 and 105 included in the sale; Duplex‑style office configuration; Combined reported property size of 2,382
