Medical Office Building with Onsite
For Sale
Contact for pricing
4000 Bruton Orand Boulevard, Flower Mound, TX 75022
Established medical office property with dedicated parking, boulevard signage, and a flexible interior layout.
Property Size8,978 SF
Lot Size2.13 Acres
Price / SF$345.29
Days on Market22
Property Features for 4000 Bruton Orand Boulevard
General Information
Standard status
Active
Size
8,978 SF
Class
A
Lot size
2.13 Acres
Property subtype
Retail, Office, Special Purpose
Zoning
R2 Commercial
Additional Details
Traffic Count
8,450 vehicles/day
Building Details
Year Built
2017
Buildings
1
Units
1
Building Size
8,978 SF
Listing Agency:
Waypoint Real Estate Development & Advisors
Listed By:
Jake McCoy · License #TX 702534
Source:
Crexi
Added: Aug 12
Changed: Sep 1
Last Checked: Sep 1 at 9:34PM
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 Waypoint Real Estate Development & Advisors
Investment Insights
Based on property information with market context.
Built in 2017, this 8,978-square-foot medical office property occupies 2.13 acres and includes dedicated onsite parking and signage along Bruton Orand Boulevard. The existing interior is described as adaptable for medical, office, or retail use, with R2 Commercial zoning in Denton County.
The property is positioned just off Cross Timbers Road in Flower Mound, within a commercial corridor supported by Walgreens, Tom Thumb, Chase, Bank of America, and Subway. Reported traffic volumes are 31,562 VPD on Cross Timbers Road and 8,450 VPD on Bruton Orand Boulevard. Average household income within 1 mile is reported above $260,000.
The property is positioned just off Cross Timbers Road in Flower Mound, within a commercial corridor supported by Walgreens, Tom Thumb, Chase, Bank of America, and Subway. Reported traffic volumes are 31,562 VPD on Cross Timbers Road and 8,450 VPD on Bruton Orand Boulevard. Average household income within 1 mile is reported above $260,000.
Key Highlights
- 8,978 SF building on 2.13 acres
- Built in 2017 with dedicated onsite parking
- R2 Commercial zoning in Denton County
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
$149,020
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
4.81%
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%
$2,980,400
$3.0M
Cap Rate 7%
$2,128,857
$2.1M
Cap Rate 9%
$1,655,778
$1.7M
Market Conditions
NOI Build-Up for 8,978 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
$224.1K $24.96/SF
− Vacancy
−$11.2K −$1.25/SF
EGI
$212.9K $23.71/SF
− OpEx
−$63.9K −$7.11/SF
NOI
$149.0K $16.60/SF
Area
Denton County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
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%
$2,980,400
Cap Rate 7%
$2,128,857
Cap Rate 9%
$1,655,778
Alternative Uses
Best Use
Retail
$2.13M
$1.86M – $2.48M
NOI $149,020 @ 7.0% cap · market cap 4.81%
Second Best
Office B
$1.78M
$1.56M – $2.08M
NOI $124,839 @ 7.0% cap · market cap 4.03%
Theoretical Best
Multifamily LT 5
$125.55M
$109.86M – $146.48M
NOI $8,788,652 @ 7.0% cap · market cap 283.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
8,450 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75022, TX
26,781
Population
9,491
Households
2.8
Avg Household Size
41
Median Age
68%
College-Educated
97%
High-School Grad
19.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$178,969
Median Household Income
$82,435
Median Earnings
$2,183
Median Rent
$617,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical office property with dedicated parking, boulevard signage, and a flexible interior layout.
Where is this medical office space located?
The property is located at 4000 Bruton Orand Boulevard Flower Mound, TX.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 8,978 SF building on 2.13 acres; Built in 2017 with dedicated onsite parking; R2 Commercial zoning in Denton County
