Technical
Financial
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Property profile

100 Parker Sq Rd Flower Mound, TX 75028

OFF-MARKET
Office Spaces
32,517 SF
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Property summary

AI-generated overview

This exceptional Class A office building in Flower Mound, Texas presents a compelling investment opportunity. Located at 100 Parker Square Rd, 75028, this 32,517 square foot property sits on an 85,073 square foot lot and boasts a strong 7.00% capitalization rate, generating a net operating income (NOI) of $595,175. The asking price is $8,500,000, translating to a price per square foot of $261.40. The building is 100% leased to Midwestern University, a century-old institution and a subsidiary of Texas Tech University, ensuring a stable and reliable income stream. This build-to-suit property features significant recent upgrades exceeding $1.2 million, all paid for by the tenant. The building itself is constructed with a steel frame and all-masonry exterior, offering durability and lasting value. Ample parking is provided with a fully improved reinforced concrete parking structure accommodating 102 vehicles. This investment presents a rare opportunity to acquire a high-quality, fully leased Class A office building in a prime location with a guaranteed tenant and exceptional financial performance. The property is situated in Denton County and offers a secure investment backed by the financial stability of a major university. This is a turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Office Spaces
Total area 32,517 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Parker Sq Rd Flower Mound, TX 75028
Flower Mound metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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