Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6900 Scenic Dr Rowlett, TX 75088

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Finished medical suites available for rent in Rowlett, Texas.

    Type:Office
    Added:
    Nov 14, 2022
    Days on Market:
    1258
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 6900 Scenic Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1991

    Spaces For Lease

    at 6900 Scenic Dr Contact us

    We can help!

    Listing Contact
    Jonathan Young
    Jonathan Young

    Listing agent Jonathan Young License #TX 763785

    Listing office Ridge Pointe Commercial Real Estate

    Listing date Nov 14, 2022

    Source Crexi

    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 Ridge Pointe Commercial Real Estate

    Overview

    Finished Medical Suites Available

    The property offers finished medical suites suitable for commercial real estate purposes. Located in Rowlett, Texas, these suites are designed to accommodate medical office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lake Pointe Pediatrics ... Medical Clinic Dynal M. London, ... Pediatrician Pamela Wieland, M.D. Pediatrician Dr. Catherine A. Olsen Physician Ashley Dressen Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dr. Kimberly Ann Clary, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
    • Dr. Brian Huber, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
    • Petco Vaccination Clinic — 8809 Lakeview Pkwy Ste 116, Rowlett, TX 75088
    • Dr. Wendy Carter, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
    • Dr. Kimberly Ann Downes, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.509332
    Latitude
    32.923304

    Nearby Similar for Lease

    • $3,000/Mo

      Office Space Ready to Move

      Move-in ready office space with flexible lease terms and parking.
      7905 liberty grove, Rowlett, TX 75089
      View Details
    • $1,800/Mo

      Prime Retail Space in Rowlett

      High-visibility commercial space in the heart of Downtown Rowlett.
      3805 Main Street, Rowlett, TX 75088
      View Details
    • $25 SF/Yr

      Prime Retail Shell Space Available

      8,100 SF retail space in a well-located Rowlett shopping center.
      8617 Sunset Boulevard, Rowlett, TX 75088
      View Details
    • $85,000 SF/Yr

      Established Retail Business Opportunity

      Turnkey Western retail store for sale with existing inventory.
      5900 ROWLETT Road, Rowlett, TX 75089
      View Details
    • $7,000/Mo

      Renovated Office Space Available

      Newly renovated office space for rent, convenient location.
      5141 Boyd Boulevard, Rowlett, TX
      View Details
    • Contact for pricing

      Rowlett Warehouse with Office Space

      8,920 SF warehouse with 1,000 SF office space.
      5031 Boyd Blvd, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Retail Space in Prime Location

      Retail space with open floorplan, warehouse, and ample parking.
      5414 Rowlett Rd, Rowlett, TX
      View Details
    • Contact for pricing

      Versatile Space Near Sapphire Bay

      Suitable for medical, retail, or office use near Sapphire Bay.
      4206 Dalrock Rd, Rowlett, TX
      View Details
    • Contact for pricing

      Rowlett Specialty Property for Rent

      Specialty property in Rowlett, TX, offering multiple suites for rent.
      2704 Lawing Ln, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Retail Space in Rowlett Center

      Highly visible retail space in a busy shopping center.
      3502 Lakeview Pkwy, Rowlett, TX
      View Details
    • Contact for pricing

      Rowlett Road Office Suites Available

      Office suites for rent near President George Bush Turnpike.
      5705 Rowlett Rd, Rowlett, TX
      View Details
    • Contact for pricing

      Fenced Outside Storage Available

      Industrial property featuring fenced outside storage in Rowlett, Texas.
      3315 Enterprise Dr | Rowlett, TX 75088, TX 75088
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Finished medical suites available for rent in Rowlett, Texas.
    Where is this medical office space located?
    The property is located at 6900 Scenic Dr Rowlett, TX.
    What are key features of this property?
    This property features: Finished out medical suites; Built in 1991
    (214) 796-8898 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Young
    Jonathan Young
    Real Estate License ID: TX 763785
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!