Property profile

2585 Macarthur Blvd Lewisville, TX 75067

OFF-MARKET
Commercial real estate
Property ID
US83-2182436
15,275 SF 1.89 ac lot Built 2008
Entity Owned 4-yr Hold
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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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice Spa & Massage Center
  • (Bike/Boat/Book/etc) Store

Location

2585 Macarthur Blvd Lewisville, TX 75067
Lewisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2018
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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