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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2585 Macarthur Blvd, Lewisville, TX 75067

    15,275 SF 1.89 ac lot Built 2008
    Entity Owned 4-yr Hold
    Property ID
    US83-2182436
    Property summary
    AI-generated overview

    Vista Ridge Shopping Plaza Park offers 15,275 square feet of versatile office space in a prime Denton County location. This single-story building, constructed in 2008, features 15 suites, with a minimum divisible space of 1,300 square feet. Currently, 6,521 square feet is available for lease. The property sits on 1.89 acres of land and enjoys excellent visibility and access, situated on a major retail corridor serving Lewisville, Carrollton, and Highland Village. The building is ideal for multiple tenants seeking fully built-out office spaces. There are no elevators. The property type is classified as retail, office, and restaurant, making it suitable for a variety of businesses. The asking lease rate is $24 per square foot, plus NNN charges. This presents a unique opportunity for businesses seeking a well-located, established office space in a thriving retail environment. The property's convenient location and ample space make it an attractive option for companies of various sizes. The existing build-out significantly reduces tenant improvement costs, allowing for a quicker occupancy and immediate business operations. The property's prominent position ensures high visibility and accessibility for clients and employees alike.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2008
    Total area 15,275 SF
    Lot 1.89 ac (82,328 SF)
    UPID US83-2182436
    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
    • ELITE Fitness and Nutrition Gym & Fitness Center
    • Encompass Fitness Gym & Fitness Center
    • Stride Rite of Lewisville Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Relax Hawaii Massage Alternative Medicine Practice Spa & Massage Center
    • HOLLYWOOD SMOKE SHOP (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    The Lee Fundamental Investment LLC · 4 yrs held
    The Lee Fundamental Investment LLC
    since 2022
    3 recorded transactions
    2022
    2022
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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