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2570 Northshore Blvd 6,425 SF 100% Leased Office Building Flower Mound, TX 75028 $2,484,000 ($386.61/SF) 6.50% Cap Rate
Investment Highlights
- Fully occupied 6,425 SF dual-tenant medical office investment
- Stable healthcare tenancy in the Flower Mound submarket
- Leased to MyEyeDr. and Southern Veterinary Partners
Executive Summary
2570 Northshore Blvd presents the opportunity to acquire a fully occupied 6,425 SF dual-tenant medical office investment in Flower Mound, Texas. Situated on approximately 1.206 acres and built in 2010, the property is leased to MyEyeDr. and Southern Veterinary Partners, offering stable in-place income and a healthcare-focused tenancy mix. Located within a strong Denton County submarket, the asset benefits from the defensive nature of medical and veterinary uses, making it well suited for investors seeking durable cash flow and long-term relevance in a high-quality suburban setting.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,425 SF
Building Class
C
Year Built
2006
Price
$2,484,000
Price Per SF
$386.61
Cap Rate
6.50%
NOI
$161,460
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,425 SF
Building FAR
0.12
Lot Size
1.21 AC
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R216496 | Improvements Assessment | $1,459,405 |
| Land Assessment | $420,392 | Total Assessment | $1,879,797 |
Property Taxes
Parcel Number
R216496
Land Assessment
$420,392
Improvements Assessment
$1,459,405
Total Assessment
$1,879,797
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2570 Northshore Blvd
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