Property profile

1850 Lakepointe Dr Lewisville, TX 75057

OFF-MARKET
Office Spaces
Property ID
US83-2109068
2 ac lot Built 2001
Entity Owned
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully occupied, single-story medical office building totaling 21,664 net rentable square feet. Located at 1850 Lakepointe Dr, Lewisville, TX 75057, this fee-simple property boasts five units within one building, constructed in 2001 on a 2-acre lot (APN: R237509). The property enjoys a 100% occupancy rate with a weighted average lease term of 6.74 years, providing stable, passive income. Key tenants include SEVA Med Care, North Dallas Eye Associates, Pecan Pharmacy, and Symetria. SEVA Med Care's long-term, net-net-net (NNN) lease enhances the investment's security and cash flow potential. This stabilized investment is strategically situated in the Dallas-Fort Worth metropolitan area, directly off Interstate 35, benefiting from high traffic counts exceeding 200,000 vehicles per day. Its proximity to Lewisville Regional Hospital and Carrollton Regional Medical Center (within 4 miles) further enhances its desirability. The property is located in Lewisville, a major city in Denton County, with a population exceeding 230,000 within a five-mile radius, ensuring a robust and growing market. This presents a unique chance to acquire a thriving medical office building in a prime location within the dynamic Dallas-Fort Worth region.

Property profile

Verified
Property type Office Spaces
Year built 2001
Lot 2 ac (87,120 SF)
UPID US83-2109068

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Physician
  • Physician
  • Physician
  • Physician

Location

1850 Lakepointe Dr Lewisville, TX 75057
Lewisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
2 recorded transactions
2026
$5.2M
2024
Price N/A

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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