Lakeview Medical Commons Office
For Sale
Contact for pricing
7700 Lakeview Pkwy, Rowlett, TX 75088
Modern office building with suites for various business needs.
Property Size9,600 SF
Price / SF$260.42
Days on Market1655
Property Features for 7700 Lakeview Pkwy
General Information
Standard status
Active
Size
9,600 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2025
Stories
1
Tenancy
Multi
Listing Agency:
Lion's Gate Medical
Listed By:
Sanober Syed · License #TX
(972) 707-1171
Source:
Crexi
Added: Apr 13, 2022
Changed: Oct 19
Last Checked: Oct 23 at 6:19AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$136,491
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,729,820
$2.7M
Cap Rate 7%
$1,949,871
$1.9M
Cap Rate 9%
$1,516,567
$1.5M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$250.0K $26.04/SF
− Vacancy
−$22.5K −$2.34/SF
EGI
$227.5K $23.70/SF
− OpEx
−$91.0K −$9.48/SF
NOI
$136.5K $14.22/SF
Area
Dallas County, TX
Vacancy
9.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,729,820
Cap Rate 7%
$1,949,871
Cap Rate 9%
$1,516,567
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 75088, TX
26,899
Population
10,168
Households
2.6
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
2,892
Density / Sq Mi
$105,064
Median Household Income
$54,587
Median Earnings
$1,899
Median Rent
$326,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Petco Vaccination Clinic — 8809 Lakeview Pkwy Ste 116, Rowlett, TX 75088
Frequently Asked Questions
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.
