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Multi-Tenant Medical Office Building
For Sale
Contact for pricing
Pending

541 W Main St, Lewisville, TX 75057

Fully occupied medical property with triple-net leases and convenient access to major regional roadways.

Property Size10,850 SF
Days on Market143

Property Features for 541 W Main St

General Information

Standard status Pending
Size 10,850 SF
Net Rentable 10,850 SF
Property subtype Office
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1985
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Joseph Jaques · License #TX 651497
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 5:30AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

The fee-simple interest in a multi-tenant medical office building at 541 W Main Street includes 10,850 square feet of rentable area. Built in 1985, the property is currently 100 percent occupied by Star Pediatrics, UT Southwestern, Ameri-Labs, and Health America Pharmacy. Existing leases are structured on a triple-net basis. Ameri-Labs recently added 1,500 square feet under a 3-year NNN lease with one 3-year lease option.

The building is across from Medical City Lewisville Hospital and next to Psycho Neuro Plasticity Center. Interstate 35 E and State Highway 121 are each less than two miles away, while West Main Street carries an estimated annual average daily traffic volume of 20,193 vehicles. The property serves a three-mile population of approximately 99,557 residents, and the one-mile average household income exceeds $75,510.

Key Highlights

  • 10,850‑square‑foot multi‑tenant medical office building
  • 100 percent occupied by four medical tenants
  • Triple‑net leases in place across the property

Property Analytics

Current Use

Igho Clement Olobia, ... Pediatrician Goldberg Aaron B Physician Igho Olobia MD Pediatrician Michael Myers Physician Sindhu Philip Pediatrician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,020
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75057, TX

16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully occupied medical property with triple-net leases and convenient access to major regional roadways.
Where is this medical office space located?
The property is located at 541 W Main St Lewisville, TX.
What are key features of this property?
This property features: 10,850‑square‑foot multi‑tenant medical office building; 100 percent occupied by four medical tenants; Triple‑net leases in place across the property
(972) 755-5200 Call to check price and availability
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