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Main Professional Building 541 W Main St
10,744 SF 66% Leased Office Building Lewisville, TX 75057 £1,682,721 (£157/SF) 8.16% Net Initial Yield
Executive Summary
-Sought after medical office opportunity in Dallas/Fort Worth. Fronts Main Street in the the fast growing DFW suburb of Lewisville. Sits directs across from Medical City Lewisville.
-Medical City Lewisville is a full-service, acute care hospital licensed for 186 beds. Serving the Lewisville, Flower Mound, Castle Hills and southern Denton County communities since 1976, Medical City Lewisville is a Level III Trauma Center, Level III NICU, Level II Maternal Center, Primary Stroke Center and Magnet®-
-The population in a one mile radius exceeds 14,700 people, with an average income of $79,000. The immediate area experienced 20% population growth over the last 5 years, with expected growth of 20% over next 5 years.
-Triple net lease leases (including management fees), with rent increases in primary terms and options
-65% leased, Upside to lease remaining space
-Attractively priced at $206 per square foot
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2nd gen medical space across from Medical City Lewisville 2 exam rooms, 2 offices, reception, lab/nurse station, waiting room, 2 restrooms. Available immediately
1,400 SF available for pharmacy and/or office use.
800 SF former laboratory available
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 101 | 1,413 SF | Medical | - | Now |
| 1st Fl-Ste 140 G/H | 1,400 SF | Office/Medical | - | Now |
| 1st Fl-Ste 160 | 800 SF | Office/Medical | - | Now |
1st Fl-Ste 101
| Size |
| 1,413 SF |
| Space Use |
| Medical |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 140 G/H
| Size |
| 1,400 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 160
| Size |
| 800 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 101
| Size | 1,413 SF |
| Space Use | Medical |
| Condition | - |
| Available | Now |
2nd gen medical space across from Medical City Lewisville 2 exam rooms, 2 offices, reception, lab/nurse station, waiting room, 2 restrooms. Available immediately
1st Fl-Ste 140 G/H
| Size | 1,400 SF |
| Space Use | Office/Medical |
| Condition | - |
| Available | Now |
1,400 SF available for pharmacy and/or office use.
1st Fl-Ste 160
| Size | 800 SF |
| Space Use | Office/Medical |
| Condition | - |
| Available | Now |
800 SF former laboratory available
PROPERTY TAXES
| Parcel Number | R12499 | Improvements Assessment | £53,906 |
| Land Assessment | £152,555 | Total Assessment | £206,460 |
PROPERTY TAXES
-
Gavin Kam -
NNN Retail Advisors
Presented by
Main Professional Building | 541 W Main St
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