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    Turn-Key Medical/Dental Office Building Title is generated by Realmo AI

    7617 Lakeview Pkwy, Rowlett, TX 75088

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    Move-in ready medical/dental office building in excellent condition.

    Type:Office, Special Purpose
    Property size:
    3,910 SF
    Price / SF:
    $236/SF
    Added:
    Mar 22, 2023
    Days on Market:
    1176
    Last Refresh:
    May 12 at 10:36 pm

    Property Features for 7617 Lakeview Pkwy

    General Information

    Standard status
    Active
    Size
    3,910 SF
    Property subtype
    Office, Special Purpose

    We can help!

    Listing Contact
    Chance Johnson

    Listing agent Chance Johnson License #TX 523160

    Listing office RLR Real Estate

    Listing date Mar 22, 2023

    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 RLR Real Estate

    HighLights

    • Turn‑Key Medical/Dental Office Building
    • Move‑in ready!
    • 3,910 SF
    • Features 7 Exam Rooms
    • Located only 1.4 miles from Baylor Scott & White Medical Center (Lake Pointe) Hospital
    • 2nd Gen Space in excellent condition

    Overview

    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.

    Local 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 (±1% cap)
    NOI $55,592 @ 7.0% cap · market cap 6.01%
    Second Best
    Office B
    $791.8K
    $692.8K – $923.7K (±1% cap)
    NOI $55,424 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Multifamily LT 5
    $46.87M
    $41.01M – $54.68M (±1% cap)
    NOI $3,280,746 @ 7.0% cap · market cap 354.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weldon Johnson DO Pediatrician Heidi Pavone Pediatrician Leon Chen MD Pediatrician

    Suggested Use

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

    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
    -96.5273148
    Latitude
    32.9131998

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    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
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chance Johnson
    Real Estate License ID: TX 523160
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