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27524846
27524866

10941 N State Hwy 78, Lavon, TX 75166

KW
TX 689810
M&D CRE
Listed by M&D CRE
Unpriced
245 days on market
Updated 71 days ago

10941 Highway 78, Lavon, TX

Details
Property Type Office
Sub Type Traditional Office
Square Footage 10,315
Tenancy Multi
Pro-Forma Cap Rate 7.50%
Class B
Buildings 1
Stories 3
Acreage 0.520
Zoning Outside City Limits
Investment Type Value Add

7.50% Pro-Forma Cap Rate | 10,315 SF Office

Marketing description

M&D CRE is pleased to offer a prime investment opportunity in the growing market of Lavon, TX. This asset features a 10,315 SF three-story office/retail building. With a pro forma cap rate of 7.50%, the property provides significant upside potential through lease-up and operational optimization based on market rents and vacancy assumptions. The office/retail building is well-positioned for mixed-use tenancy. The ground floor is currently operated by the owner as a fully equipped fitness center, with all equipment and inventory to convey with the sale—allowing for immediate business continuity or re-tenanting. The second floor is configured as standard office space, currently owner-occupied. The third floor is built out as a luxury residential unit, offering flexibility for conversion to retail, professional office, or continued residential use. Strategically located on Highway 78 with exposure to over 22,113 vehicles per day and just off the intersection with State Highway 205, the property offers exceptional visibility and accessibility—factors that will drive tenant demand and long-term value. This property is well-suited for an investor or owner-user seeking to capitalize on future leasing potential in a high-growth corridor.

Contact Kevin Weable, CCIM: 972.845.1663

Investment highlights

  • 3-Story Office Investment Sale

  • 7.50% Pro Forma Based Cap Rate

  • 10,315 SF/3 Story Office/Retail Building

  • Highway 78 Frontage, Just Off SH-205

Listing Contacts

KW
TX 689810
M&D CRE
Listed by M&D CRE

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Additional Information

Name
Kevin Weable, CCIM
License
689810
Brokerage
M&D CRE
Brokerage Phone
9727719663
Title
Senior Associate/Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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