Turn-Key Medical/Dental Office
7617 Lakeview Pkwy Rowlett, TX 75088
For Sale
Contact for pricing
Move-in ready medical/dental office building in excellent condition.
Property Size3,910 SF
Price / SF$236.57
Days on Market1222
Property Features for 7617 Lakeview Pkwy
General Information
- Standard status
- Active
- Size
- 3,910 SF
- Property subtype
- Office, Special Purpose
Listing Agency:
RLR Real Estate
(214) 288-9184
Listed By:
Chance Johnson · License #TX 523160
Source:
Crexi
Added: Mar 22, 2023
Changed: Jul 6
Last Checked: Jul 24 at 8:53AM
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 RLR Real Estate
Investment Insights
Based on property information with market context.
This is a 3,910 square foot, move-in ready, second-generation medical/dental office building in excellent condition. The property features monument signage. It contains 7 exam rooms, an X-ray room, 5 administrative offices, 3 restrooms and a break room. The building is located 1.4 miles from Baylor Scott & White Medical Center (Lake Pointe) Hospital and 7.3 miles from Texas Health Presbyterian Hospital Rockwall.
Key Highlights
- Turn‑Key Medical/Dental Office Building
- Move‑in ready!
- 3,910 SF
Financial Insights For Healthcare Medical
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 | $101.8k | $26.04 |
| − Vacancy | −$9.2k | −$2.34 |
| EGI | $92.7k | $23.70 |
| − OpEx | −$37.1k | −$9.48 |
| NOI | $55.6k | $14.22 |
3,910 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$794.2K
$694.9K – $926.5K
NOI $55,592 @ 7.0% cap · market cap 6.01%
Second Best
Office B
$791.8K
$692.8K – $923.7K
NOI $55,424 @ 7.0% cap · market cap 5.99%
Theoretical Best
Multifamily LT 5
$46.87M
$41.01M – $54.68M
NOI $3,280,746 @ 7.0% cap · market cap 354.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Weldon Johnson DO
Pediatrician
Heidi Pavone
Pediatrician
Leon Chen MD
Pediatrician
Similar Off Market Nearby
- Petco Vaccination Clinic — 8809 Lakeview Pkwy Ste 116, Rowlett, TX 75088
FAQs
What type of property is this?
Medical Office Space - Move-in ready medical/dental office building in excellent condition.
Where is this medical office space located?
The property is located at 7617 Lakeview Pkwy Rowlett, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Turn‑Key Medical/Dental Office Building; Move‑in ready!; 3,910 SF
