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Investment Highlights

  • New construction commercial condos delivered in shell condition, offering flexible design for medical, office, or light retail users.
  • Suites ranging from 1,251 square feet to 15,173 square feet, with lease or purchase options available.
  • Located within 2 miles of The Shops at Lakeside, CVS Specialty Pharmacy, Texas Health Family Care, and Starbucks.
  • Prime Flower Mound location near FM 2499 and Lakeside, surrounded by strong residential growth and established retail.
  • Ample parking, ADA-compliant access, and contemporary exterior design in a professional setting.
  • Strong demographics: 62,446 population within 3 miles and $137,417 average household income.

Executive Summary

Southgate Condominiums at 250 Gerault Road present a premier opportunity for medical, office, or light retail users in the heart of Flower Mound, Texas. These newly constructed commercial condos are delivered in shell condition, allowing owners and tenants to design and build out their space to meet specific operational needs. Located near FM 2499 (Long Prairie Road) with convenient access to Highway 121 and Highway 114, the property offers excellent connectivity throughout the Flower Mound and DFW markets. The site benefits from exposure to approximately 15,692 vehicles per day and is just minutes from Lakeside Village, The Shops at Lakeside, and numerous established medical and professional users. Southgate Condominiums features a contemporary exterior design, expansive windows that provide abundant natural light, ample parking, and ADA-compliant access, creating a professional environment ideal for healthcare providers, specialists, and business professionals alike. Surrounded by strong residential growth and affluent demographics, Southgate Condominiums offer a rare opportunity to secure space in one of Flower Mound’s most desirable commercial corridors. Suites range from 1,251 square feet to 15,173 square feet, with lease or purchase options available. Contact the broker for additional details or to schedule a private tour.

Sale Flyer

Property Facts

Total Building Size 16,555 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 16,555 SF
Year Built 2024
Lot Size 1.68 AC

Amenities

  • Natural Light

11 Units Available

Unit 100

Unit Size 1,296 SF
Condo Use Office/Medical
Sale Type Owner User

Unit 105

Unit Size 1,373 SF
Condo Use Office/Medical
Sale Type Owner User

Unit 110

Unit Size 1,438 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 115

Unit Size 1,356 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 120

Unit Size 1,356 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 125

Unit Size 1,438 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 130

Unit Size 1,356 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 135

Unit Size 1,438 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 140

Unit Size 1,356 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 145

Unit Size 1,438 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition

Unit 155

Unit Size 1,251 SF
Condo Use Office/Medical
Sale Type Owner User
Sale Conditions Building in Shell Condition
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
3,321
57,787
209,120
2024 Population
4,363
62,446
222,739
Population Growth '20-'24
31.4%
8.1%
6.5%
2020 Households
1,564
21,222
78,672
2024 Households
2,107
23,342
84,263
Household Growth '20-'24
34.7%
10.0%
7.1%
Average Age
38
39
39
Median Household Income
$108,971
$113,514
$97,717
Daytime Employees
1,948
28,705
123,687
Total Businesses
140
2,328
12,778
College Degree + Higher
60%
53%
47%

Nearby Amenities

Hospitals

Texas Health Presbyterian Hospital Flower Mound Acute Care 9 min drive 5.2 mi
Medical City Lewisville Acute Care 12 min drive 6.2 mi
Baylor Scott & White Medical Center Grapevine Acute Care 11 min drive 6.4 mi
Texas Health Harris Methodist Hospital Southlake Acute Care 14 min drive 8.1 mi
Baylor Medical Center at Trophy Club Acute Care 18 min drive 14.2 mi

Sale Advisor

Sale Advisor

Heather Phillips, Principal
Heather Phillips is a highly experienced professional in the realm of real estate, currently serving as the Principal at HP Commercial. Her journey began in the field of finance, working at DynCorp International before discovering her passion for  real estate. With time, Heather found herself drawn to the complexities and opportunities of the commercial real estate sector.
Over the course of her career, Heather has been instrumental in assisting more than 100 clients in securing their ideal homes and medical office and office spaces in the vibrant Dallas-Fort Worth (DFW) area. Her expertise lies in healthcare development, medical office spaces, office spaces, investment properties, and multi-family properties.
As a native of Fort Worth, Heather has deep roots in the community and is intimately familiar with the local real estate landscape. She resides in Fort Worth with her son and daughter, further reinforcing her commitment to the area and its residents.
Heather’s passion for her work, combined with her extensive knowledge and specialties, make her a trusted advisor for clients seeking guidance in navigating the diverse real estate opportunities available in the DFW area.
  • Listing ID: 33301529

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 250 Gerault Rd, Flower Mound, TX 75028

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