Highlights
- NNN Expenses: +/- $11.46 PSF (*Includes HOA)
- $479 per month HOA dues
- Minimal to No Capital Improvements Required.
- ± 0.039 AC/± 1,699 SF
Description
Davidson Bogel Real Estate, is pleased to present the rare opportunity to purchase Unit 102 (the “Property”), a rare 1,676 SF turnkey office / medical condo located at 326 S. Edmonds Lane in the heart of Lewisville (SEQ of W. Main Street & I-35E). Built in 1987, Unit 102 has been completely remodeled and modernized. Its sleek and light finish-out is boldened by its dark accents and offers a new business a clean and modern feel. Furthermore, all furniture, technology and fixtures will be included, providing a new owner / tenant a rare Class-A turnkey office retreat. Currently, Rooted Therapies enjoys a stable NNN lease with approximately 3 years remaining (expiring 5/31/2027). The lease structure provides investors with a compelling upside, featuring annual rental escalations of 4% through the primary term. The investment is ideal for a future owner-user entering the high-barrier in the core of Lewisville, as well for a smaller 1031 or passive investor.
The simple and effective layout is ideal for the vast majority of businesses and includes: a beautiful reception area and waiting room, one large / two smaller offices on the ground floor and then two large offices and loft area upstairs, a 6+ person conference room and a convenient kitchenette Unit 102 is perfect for a wide variety of uses and size requirements, including traditional office, medical office and off-site storage, among other uses. Its strategic location near the W. Main Street & I-35E intersection, the major commercial hub in the market, provides ease of access for both the business, its customers and employees from Lewisville and other surrounding markets. The Property also enjoys close proximity to Lewisville High School, Lakeland Christian Academy, Quail Valley Preparatory School, as well as countless shopping and dining options for everyday needs.
Location
326 S Edmonds Ln, Ste 102, Lewisville, TX
326 S Edmonds Ln, Ste 102, Lewisville, Denton County, TX 75067