5108 Lee Street Greenville, TX 75401
4,572 SF flex space near Highway 69.
Property Features for 5108 Lee Street
General Information
- Standard status
- Active
- Size
- 4,572 SF
- Lot size
- 2.99 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing office M&D CRE, LLC (214) 460-8926
Listing date May 18, 2026
Source Signaturere
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Investment Insights
Based on property information with market context.
Key Highlights
- Strategically located near Highway 69 and Highway 380 for convenient accessibility.
- 4,572 square‑foot flex space suitable for retail or office use.
- Zoned for light industrial use, accommodating diverse business needs.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $12.00 |
| − Vacancy | −$3.3k | −$0.72 |
| EGI | $51.6k | $11.28 |
| − OpEx | −$18.1k | −$3.95 |
| NOI | $33.5k | $7.33 |
