Newly Updated Office Unit with Double
For Sale
Contact for pricing
Pending
326 EDMONDS LN, Lewisville, TX 75067
Newly updated office unit with multiple downstairs offices, upstairs break area, and extensive storage space.
Property Size2,595 SF
Days on Market98
Property Features for 326 EDMONDS LN
General Information
Standard status
Pending
Size
2,595 SF
Total Parking Spaces
45
Property subtype
Office
Lease Type
NNN
Investment Type
Owner/User
Additional Details
Office Units
1
Building Details
Year Built
1987
Buildings
1
Units
1
Tenancy
Multi
Listing Agency:
Beam Real Estate
Listed By:
Jose Thankachan · License #TX 0528492
(214) 529-4565
Source:
Crexi
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 6:52AM
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 Beam Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newly updated office unit is set up for a professional practice with a strong mix of working and support spaces. Unit 104 includes eight offices downstairs, a reception area, a bullpen, and double entry/exit. Upstairs offers a break area, one private office, a restroom, and washer and dryer hookups, along with tons of storage.
The property was built in 1987 and totals 2,595 square feet. It also benefits from an established medical and professional tenant roster within the building, including Rooted Therapy, EyeClinic, Wakefield Family Dentistry, and Counseling Center of Lewisville.
Finishes include new quartz, LVP, and paint, supporting an easy move-in for an incoming office tenant. The layout is designed to accommodate multiple staff offices downstairs while keeping additional workspace and rest facilities upstairs.
The property was built in 1987 and totals 2,595 square feet. It also benefits from an established medical and professional tenant roster within the building, including Rooted Therapy, EyeClinic, Wakefield Family Dentistry, and Counseling Center of Lewisville.
Finishes include new quartz, LVP, and paint, supporting an easy move-in for an incoming office tenant. The layout is designed to accommodate multiple staff offices downstairs while keeping additional workspace and rest facilities upstairs.
Key Highlights
- Unit 104 with double entry/exit
- Eight offices downstairs plus reception and bullpen
- Upstairs break area, private office, restroom, washer and dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,041
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,820
$960.8K
Cap Rate 7%
$686,300
$686.3K
Cap Rate 9%
$533,789
$533.8K
Market Conditions
NOI Build-Up for 2,595 SF
Gross rent
$85.6K $33.00/SF
− Vacancy
−$21.6K −$8.32/SF
EGI
$64.1K $24.68/SF
− OpEx
−$16.0K −$6.17/SF
NOI
$48.0K $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 Rate 5%
$960,820
Cap Rate 7%
$686,300
Cap Rate 9%
$533,789
Alternative Uses
Best Use
Office B
$686.3K
$600.5K – $800.7K
NOI $48,041 @ 7.0% cap · market cap 8.02%
Second Best
Healthcare Medical
$540.5K
$472.9K – $630.6K
NOI $37,835 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$865.2K
$757.0K – $1.01M
NOI $60,561 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,364
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
Frequently Asked Questions
What type of property is this?
Office unit - Newly updated office unit with multiple downstairs offices, upstairs break area, and extensive storage space.
Where is this office unit located?
The property is located at 326 EDMONDS LN Lewisville, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Unit 104 with double entry/exit; Eight offices downstairs plus reception and bullpen; Upstairs break area, private office, restroom, washer and dryer hookups
