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1850 Lakepointe Dr
Lewisville, TX 75057
Lake Pointe Medical Plaza · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Fully stabilized medical office asset with NNN leases.
- Strategic location off I-35 with high traffic visibility.
- 100% occupancy and 7.11-year WALT for income security.
EXECUTIVE SUMMARY
Lakepointe Medical Plaza offers investors a rare opportunity to acquire a fully stabilized, multi-tenant medical office building in the high-growth Lewisville submarket of the Dallas–Fort Worth MSA. This 21,664-square-foot property sits on 2 acres and is 100% occupied under NNN leases, delivering predictable cash flow with minimal landlord responsibilities. Anchored by long-term tenants including Seva Med Care, North Dallas Eye Associates, and Symetria, the asset boasts a weighted average lease term of 7.11 years, ensuring income durability and strong retention.
Constructed in 2001 with a concrete foundation, metal framing, and a durable block exterior, the building’s quality design minimizes future capital expenditures. Strategically located off Interstate 35, the property benefits from traffic counts exceeding 200,000 vehicles per day and proximity to major hospitals such as Medical City Lewisville and Carrollton Regional Medical Center. The surrounding area features a population of over 230,000 within a five-mile radius, supported by robust household incomes and continued demographic growth.
Lewisville’s position within the Dallas–Fort Worth metro provides unparalleled connectivity to regional highways and Dallas/Fort Worth International Airport, making this an ideal location for healthcare providers. With strong market fundamentals, limited competing supply, and a thriving medical corridor, Lakepointe Medical Plaza represents a secure, long-term investment in one of Texas’ most dynamic healthcare markets.
Constructed in 2001 with a concrete foundation, metal framing, and a durable block exterior, the building’s quality design minimizes future capital expenditures. Strategically located off Interstate 35, the property benefits from traffic counts exceeding 200,000 vehicles per day and proximity to major hospitals such as Medical City Lewisville and Carrollton Regional Medical Center. The surrounding area features a population of over 230,000 within a five-mile radius, supported by robust household incomes and continued demographic growth.
Lewisville’s position within the Dallas–Fort Worth metro provides unparalleled connectivity to regional highways and Dallas/Fort Worth International Airport, making this an ideal location for healthcare providers. With strong market fundamentals, limited competing supply, and a thriving medical corridor, Lakepointe Medical Plaza represents a secure, long-term investment in one of Texas’ most dynamic healthcare markets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,664 SF
Building Class
B
Year Built
2001
NOI
$580,225 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,664 SF
Building FAR
0.25
Lot Size
2.00 AC
Zoning
LI - light industrial
Parking
106 Spaces (4.5 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
PROPERTY TAXES
| Parcel Number | R237509 | Improvements Assessment | $5,409,951 CAD |
| Land Assessment | $1,469,159 CAD | Total Assessment | $6,879,110 CAD |
PROPERTY TAXES
Parcel Number
R237509
Land Assessment
$1,469,159 CAD
Improvements Assessment
$5,409,951 CAD
Total Assessment
$6,879,110 CAD
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