Listed by Keller Williams Realty
$3,200,000
3605 Yucca Drive, Flower Mound, TX 75028
Details
APN 657698
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 12,070
Net Rentable (SqFt) 8,790
Units 6
Cap Rate 6.96%
NOI $222,855
Occupancy 51.35%
Tenancy Multi
Lease Type NNN
Lease Term 10.3
Lease Expiration 10/31/2031
Remaining Term 5.4
Rent Bumps Yes
Pro-Forma Cap Rate 6.96%
Pro-Forma NOI $222,855
Price per SqFt $265
Price Per Acre $5,871,560
Class B
Year Built 2005
Buildings 1
Stories 2
Acreage 0.545
Zoning PD-77 (Retail-1)
Parking Spaces 17 spaces
Parking Per SqFt 1.41
Investment Type Value Add
Lease Commencement 07/01/2021
Occupancy Date 04/01/2026
Ground Lease No
Ownership Private
Professional & Medical Office | 12,070 SqFt
Marketing description
12,070 SF Class B multi-tenant office asset in Flower Mound offered at $3.2M, currently ~51% occupied, providing in-place income with clear lease-up upside. Easy access at a high-traffic intersection supports both tenant demand and owner-user functionality. Structured with staggered leases and market rent upside, the property fits investors seeking value-add stabilization or an owner-user looking to occupy a portion while offsetting costs with rental income.
Listing Contacts
Listed by Keller Williams Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$222,855.00
$18,571.25/mo
Valuation Metrics
0
DSCR
6.96%
Cap Rate
6.96%
ROI
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