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33259914

East Corporate Drive, Lewisville, TX 75067

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$8,600,000
4 days on market
Updated 4 days ago

Total Point ER | 20 Yr Abs NNN | Dallas MSA

Details
Property Type Retail, Office
Sub Type Pharmacy/Drug, Storefront (+1)
Square Footage 11,934
Cap Rate 8%
NOI $688,000
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+3)
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 2X 5 YEAR
Broker Co-Op True
Year Built 2001
Year Renovated 2026
Buildings 1
Acreage 1.880
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

TOTAL POINT EMERGENCY CENTER · LEWISVILLE, TX

Investment highlights

PROPERTY HIGHLIGHTS

• 20 Year Absolute Net Lease Offers Predictable Cash Flow

• Forward Sale / Under Construction Opportunity

• Essential Healthcare Facility Operating as a Freestanding Emergency Room With 24/7 Operations

• 11,934 SF Medical Facility Building Situated on a 1.88 Acre Parcel

• Corporate Guaranteed Lease Structure Enhances Credit Profile and Income Security

• No Landlord Responsibilities and Potential Tax Advantages, Including Opportunities for Accelerated Depreciation

• Ideal For Private Investors Or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• Recently Constructed Facility Featuring Institutional-Quality Design

• Institutional Scale Asset Size Well Suited for Private Investors Seeking Predictable Cash Flow and Long Term Hold Potential

• Strategically Positioned Near Interstate 35E Providing Excellent Visibility and Accessibility Within One of Lewisville’s Primary Commercial Areas

LOCATION HIGHLIGHTS

• Positioned in Lewisville Within the Highly Desirable North Dallas Submarket of the Dallas–Fort Worth Metroplex

• Excellent Regional Connectivity with Immediate Access to Interstate 35E, One of the Primary North–South Transportation Corridors Linking Dallas to Denton

• Centrally Located Within the DFW Metroplex Providing Convenient Access to Dallas, Denton, and Surrounding North Texas Employment Hubs

• Proximity to Dallas Fort Worth International Airport, One of the Nation’s Largest Airports and a Major Regional Employment Center

• Located Within a Strong Commercial Corridor Surrounded by National Retailers, Restaurants, and Professional Service Providers

• Dense Residential Population with Significant Growth Throughout Lewisville, Flower Mound, and the Surrounding North Dallas Suburbs

• Nearby Retail Destinations Include Vista Ridge Plaza and Music City Mall, Driving Consistent Consumer Traffic to the Area

• Lewisville Continues to Experience Population Growth and Commercial Development Supported

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$688,000.00
$57,333.33/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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