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32644783
32644785

519 BENNETT LN, LEWISVILLE, TX 75057-4805

MC
TX TX 0594740
Calloway Real Estate
Listed by Calloway Real Estate
$1,980,000
25 days on market
Updated 5 days ago

519 BENNETT LN LEWISVILLE TX 75057-4805

Details
APN 16750
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 8,050
Net Rentable (SqFt) 8,050
Cap Rate 7.00%
NOI $139,000
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $245
Class B
Year Built 2007
Buildings 2
Stories 1
Lot Size (SqFt) 42,340
Zoning Industrial
Parking Spaces 23 spaces
Parking Per SqFt 2.86
Investment Type Core+
Ground Lease No

Industrial Flex Property with 8 tenants | 100% leased | 7% CAP

Marketing description

Positioned in one of the most strategic industrial corridors in North Texas, 519 Bennett Ln presents a rare opportunity to acquire a fully leased, higher-end industrial flex investment property in the heart of Lewisville. Situated on approximately 1 acre, this well-maintained asset consists of two quality brick buildings totaling approximately 9,200 square feet gross building area with approximately 8,050 square feet of main usable space across 8 fully occupied tenant suites. Constructed in 2007, the property was designed to offer long-term durability, functionality, and strong tenant appeal.

Each suite features professional office buildout, private restroom, roll-up door access, and durable standing seam metal roofing—creating the ideal blend of warehouse functionality and professional presentation sought by today’s industrial tenants. The concrete parking lot, quality construction, and pride of ownership elevate this property well above typical flex inventory in the market. Every unit is 100% air conditioned.

Offered at a 7% cap rate with 100% occupancy, the property delivers stable in-place cash flow and dependable income, making it an attractive addition for investors seeking portfolio stability and long-term appreciation potential. Attractive tenant profile mix. Strategically located near Interstate 35 and Sam Rayburn Tollway 121, the property benefits from exceptional regional access, strong surrounding commercial growth, and continued demand for quality flex industrial space throughout the North DFW market.

An ideal opportunity for investors seeking a stabilized, low-maintenance industrial asset or buyers completing a 1031 exchange into a premium income-producing commercial investment in a prime Lewisville industrial location.

Investment highlights

100% Leased, 8 tenants, Built in 2007, brick and standing seam roof metal roof Construction, roll up door in every unit. Each unit is 1,000 sq ft, 100% Air conditioned and includes office bathroom and garage space. 23 total parking spaces with 2 per unit and 5 overflow. Prime location near Sam Rayburn Tollway 121 and I-35.

Listing Contacts

MC
TX TX 0594740
Calloway Real Estate
Listed by Calloway Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,000.00
$11,583.33/mo

Valuation Metrics

0
DSCR
7.02%
Cap Rate
7.02%
ROI

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Additional Information

Name
Matt Calloway
License
TX 0594740
Brokerage
Calloway Real Estate
Brokerage Phone
214-995-9091
Title
Real Estate Broker
Brokerage Address
7546 Oak Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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