Property profile

550 W Round Grove Rd Lewisville, TX 75067

FOR LEASE
Warehouses
Property ID
US83-2045345
26,539 SF Built 2023
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Property summary

AI-generated overview

This exceptional 26,539-square-foot flex warehouse building in Denton County is perfectly suited for small businesses seeking a versatile workspace. Completed in 2023, this single-tenant property sits on a generous 6.58-acre lot and offers 19 individual suites, each featuring a blend of office and warehouse space. Phase 1 of this development comprises 28,540 square feet of rentable area, with the smallest unit measuring 1,480 square feet. All 19 suites can be combined for a total of 26,539 square feet, providing flexibility for businesses of varying sizes. Each suite includes a finished office area (minimum 160 sq ft), a restroom, a warehouse area, and a 14-foot-high roll-up door for convenient loading and unloading. The building's design incorporates contractor garages, making it particularly well-suited for businesses in the construction or related industries. Lease terms are flexible, ranging from one to ten years, with a monthly rental rate of $3100 per suite. Construction is nearing completion, with occupancy expected within one month. This property presents a unique opportunity to secure modern, efficient, and adaptable space in a prime Denton County location.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 26,539 SF
UPID US83-2045345

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

Location

550 W Round Grove Rd Lewisville, TX 75067
Lewisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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More about this property
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