Lakeview Medical Commons Office
7700 Lakeview Pkwy Rowlett, TX 75088
For Sale
Contact for pricing
Modern office building with suites for various business needs.
Property Size9,600 SF
Price / SF$260.42
Days on Market1565
Property Features for 7700 Lakeview Pkwy
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Property subtype
- Office
Building Details
- Year Built
- 2025
Listing Agency:
Lion's Gate Medical
Listed By:
Sanober Syed · License #TX
Source:
Crexi
Added: Apr 13, 2022
Changed: Jul 6
Last Checked: Jul 24 at 4:19PM
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 Lion's Gate Medical
Investment Insights
Based on property information with market context.
Located at 7700 Lakeview Parkway, Rowlett, TX 75088, Lakeview Medical Commons is a modern office building offering suites ranging from 2,776 to 9,600 square feet. The property features signage and monument options, providing visibility on SH 66, with access to the PGB Turnpike and President George Bush Turnpike. Tenants include DaVita Kidney Care and Southern Luv Kids Pediatrics, among other medical professionals. The property provides parking at a ratio of 5:1,000. Building 200 offers a proposed 9,800 square feet, while Building 400 includes shell space of 2,776 square feet.
Key Highlights
- Prime location with excellent visibility on SH 66 and convenient access to PGB Turnpike and President George Bush Turnpike.
- Generous parking with a ratio of 5:1,000.
- Modern office building with suites ranging from 2,776 to 9,600 square feet.
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 | $250.0k | $26.04 |
| − Vacancy | −$22.5k | −$2.34 |
| EGI | $227.5k | $23.70 |
| − OpEx | −$91.0k | −$9.48 |
| NOI | $136.5k | $14.22 |
9,600 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.95M
$1.71M – $2.27M
NOI $136,491 @ 7.0% cap · market cap 5.46%
Second Best
Office B
$1.94M
$1.70M – $2.27M
NOI $136,080 @ 7.0% cap · market cap 5.44%
Theoretical Best
Multifamily LT 5
$115.07M
$100.69M – $134.25M
NOI $8,055,029 @ 7.0% cap · market cap 322.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Zachery Barnett
Physician
Sarah Zaluski
Physician
Sreenadha Vattam, MD
Physician
Sindhu Igala
Physician
Dr. Matthew Britt
Physician
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 - Modern office building with suites for various business needs.
Where is this medical office space located?
The property is located at 7700 Lakeview Pkwy Rowlett, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location with excellent visibility on SH 66 and convenient access to PGB Turnpike and President George Bush Turnpike.; Generous parking with a ratio of 5:1,000.; Modern office building with suites ranging from 2,776 to 9,600 square feet.