Property profile

3705 Lakeview Pkwy Rowlett, TX 75088

FOR LEASE
Office buildings
Property ID
US82-3838552
31,393 SF 1.47 ac lot Built 2009
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional four-story medical office building, located at 3705 Lakeview Parkway in Rowlett, Texas, offers a prime opportunity for medical professionals seeking flexible and modern workspace. The building boasts a total of 31,297 square feet, with multiple tenancy options available. Seven individual spaces are currently available, ranging in size from a minimum of 280 square feet to a maximum of 5,448 contiguous square feet. This allows for a variety of practice sizes and configurations, from small individual practices to larger multi-specialty clinics. The building is classified as a second-generation medical office space, suggesting existing infrastructure suitable for immediate occupancy. Currently, 9,701 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The building is situated in Dallas County, within the convenient city of Rowlett, offering easy access to major transportation routes and a thriving local community. The property's location in Rowlett, TX, zip code 75088, provides excellent visibility and accessibility for patients. This is an ideal location for medical practices seeking a well-established and easily accessible space. The minimum divisible space is 280 square feet, making it suitable for a range of medical professionals. The maximum contiguous space available is 4,138 square feet, providing ample room for larger practices. This property presents a rare opportunity to secure high-quality medical office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Construction FRAME
Total area 31,393 SF
Lot 1.47 ac (63,903 SF)
Zoning code Z92
APN 44112000010020000
UPID US82-3838552

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
  • Marriage Or Relationship Counselor Psychotherapist
  • Financial Advisor
  • Physician
  • Physician
  • Plumbing Service General Contractor

Location

3705 Lakeview Pkwy Rowlett, TX 75088
Rowlett metro Census 18140 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.42M
Blend (final) Blend
$4.20M

Owner & transaction history

since 2019
5 recorded transactions
2020
Price N/A
2019
Price N/A
2013
Price N/A
2011
$5.9M
2011
Price N/A

Zoning & alternative use

Z92 · Rowlett, TX

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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