Fully Leased Industrial Flex
519 Bennett Lane, Lewisville, TX 75057
COMMERCIAL - Lewisville, TX
Property size:
9,200 SFLot size:
0.97 AcresPrice / SF:
$215/SF- Added:
- May 16, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 30 at 10:06 am
Property Features for 519 Bennett Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- R16750
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Description
- BENNETT PARK CENTER BLK A LOT 1
- Tax Annual Amount
- 11225
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Number of units
- 8
- Flooring type
- Concrete, Tile
- Building materials
- Brick
- Roof type
- Metal
Listing agent Matt Calloway License #0594740 (214) 995-9091
Listing office Calloway Real Estate LLC Frisco, TX (214) 995-9091
Listing date May 16, 2026
MLS# 21270356
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.
HighLights
- Fully leased industrial flex property on approx. 1 acre in Lewisville with 100% occupancy across 8 tenant suites.
- Two brick buildings totaling approx. 9,200 SF gross building area with approx. 8,050 SF main usable space.
- Built in 2007; metal roof and durable concrete/tile flooring; central heating and central air with 100% air‑conditioned suites.
- Each suite includes professional office buildout, private restroom, and roll‑up door access for warehouse‑and‑office flexibility.
- Parking includes a 23‑space concrete lot with 2 spots designated per tenant, plus 2 handicap and 5 overflow spaces.
- Served by public water and public sewer; garage parking feature and electric cooling noted.
Overview
This fully leased industrial flex investment features two quality brick buildings totaling approximately 9,200 square feet of gross building area, with about 8,050 square feet of main usable space across eight fully occupied tenant suites. Constructed in 2007, the property is designed for durability and day-to-day functionality while maintaining a higher-end tenant presentation. Each suite includes a professional office buildout, a private restroom, roll-up door access, and standing seam metal roofing, with 100% air conditioned suites throughout.
The asset sits on approximately one acre and includes a concrete parking lot with 23 spaces, supported by designated parking for each tenant plus additional handicap and overflow capacity. Positioned in a strategic industrial corridor in North Texas, the location provides strong regional access near Interstate 35 and Sam Rayburn Tollway 121.
For investors, the property offers stabilized, in-place cash flow with 100% occupancy and a reported 7% cap rate, supported by a diversified suite layout. For buyers pursuing long-term, low-maintenance industrial flex exposure—or those completing a 1031 exchange—this is a premium, turnkey option with tenant-ready improvements that balance warehouse utility with office functionality.
The asset sits on approximately one acre and includes a concrete parking lot with 23 spaces, supported by designated parking for each tenant plus additional handicap and overflow capacity. Positioned in a strategic industrial corridor in North Texas, the location provides strong regional access near Interstate 35 and Sam Rayburn Tollway 121.
For investors, the property offers stabilized, in-place cash flow with 100% occupancy and a reported 7% cap rate, supported by a diversified suite layout. For buyers pursuing long-term, low-maintenance industrial flex exposure—or those completing a 1031 exchange—this is a premium, turnkey option with tenant-ready improvements that balance warehouse utility with office functionality.
Local Financial Insights For Office B
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 | $303.6k | $33.00 |
| − Vacancy | −$76.5k | −$8.32 |
| EGI | $227.1k | $24.68 |
| − OpEx | −$56.8k | −$6.17 |
| NOI | $170.3k | $18.51 |
9,200 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.43M
$2.13M – $2.84M
NOI $170,320 @ 7.0% cap · market cap 8.60%
Second Best
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,157 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M
NOI $214,706 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Remote Alert LLC
Security Service
KJS Properties
Property Management Company
Marshall Vision Technology ...
Corporate Office
IdentoGO
Corporate Office
BEST PRICE WHOLESALE
Big Box & Wholesale Store
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.983839
- Latitude
- 33.028067
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Two well-maintained brick flex buildings with professional tenant buildouts, roll-up access, and 100% air conditioning for stable income.
Where is this flex space located?
The property is located at 519 Bennett Lane Lewisville, TX.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Fully leased industrial flex property on approx. 1 acre in Lewisville with 100% occupancy across 8 tenant suites.; Two brick buildings totaling approx. 9,200 SF gross building area with approx. 8,050 SF main usable space.; Built in 2007; metal roof and durable concrete/tile flooring; central heating and central air with 100% air‑conditioned suites.
