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Property profile & analytics
OFF-MARKET
Office Spaces

1854 Lakepointe Dr Lewisville, TX 75057

2.47 ac lot Built 2002
Entity Owned 7-yr Hold
Property ID
US83-2109069
Property summary
AI-generated overview

This exceptional investment opportunity presents a 19,441-square-foot, single-tenant medical office building located at 1854 Lakepointe Dr, Lewisville, TX 75057. The property, built in 2002 and situated on a 2.47-acre lot (APN R237515), is currently 100% occupied under a long-term, Net Net Net (NNN) lease with Dallas Procedure Center (DPC), commencing September 12, 2024, and expiring September 11, 2034. The fee-simple ownership offers stable, passive income for investors. The building features extensive renovations, including a new security camera system, upgraded electrical service, a diesel-powered emergency generator, six HVAC rooftop units, and a new roof. The interior boasts six pre-operating beds, six operating rooms, and twelve recovery beds. This prime location in the Dallas-Fort Worth metroplex, directly off Interstate 35 with high traffic volume (over 200,000 vehicles per day), offers exceptional visibility and accessibility. Its proximity to Lewisville Regional Hospital and Carrollton Regional Medical Center (within 4 miles) and other major medical facilities (within 10 miles) further enhances its value. Lewisville, TX, boasts a population exceeding 230,000 within a five-mile radius, ensuring a strong and growing patient base. This stabilized investment presents a rare opportunity for long-term, secure returns.

Property profile
Verified
Property type Office Spaces
Year built 2002
Lot 2.47 ac (107,593 SF)
UPID US83-2109069
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Thomas E Piwonka PA: Piwonka Thomas E MD Physician
  • Dallas Procedure Center. DPC Medical Clinic Hospital
  • Camillo Donald Physician
  • Cheap Auto Insurance Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Zameen LLC · 7 yrs held
Zameen LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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