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3605 Yucca Dr 12,070 SF 51% Leased Office Building Flower Mound, TX 75028 $3,200,000 ($265.12/SF) 6.96% Cap Rate
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,070 SF
Building Class
B
Year Built
2006
Price
$3,200,000
Price Per SF
$265.12
Cap Rate
6.96%
NOI
$222,720
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,035 SF
Building FAR
0.28
Lot Size
1.00 AC
Zoning
PD-77 - PD-77 permits the same usage as the City of Flower Mound's Retail-1 Zoning District
Parking
17 Spaces (1.41 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dr. Holms
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- KW
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dr. Holms | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| KW | - | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 201
- 711-3,093 SF
- Office/Retail
- -
- Now
Currently occupied by a Psychologist/Therapy office. Available for retail, professional office, and non-laboratory medical office uses.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 201 | 711-3,093 SF | Office/Retail | - | Now |
| 2nd Fl-Ste 202 | 1,439 SF | Office/Medical | - | Now |
2nd Fl-Ste 201
| Size |
| 711-3,093 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 1,439 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 202
| Size | 1,439 SF |
| Space Use | Office/Medical |
| Build-Out | - |
| Available | Now |
Currently occupied by a Psychologist/Therapy office. Available for retail, professional office, and non-laboratory medical office uses.
Moderately walkable
70/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R657698 | Improvements Assessment | $1,410,551 |
| Land Assessment | $237,402 | Total Assessment | $1,647,953 |
Property Taxes
Parcel Number
R657698
Land Assessment
$237,402
Improvements Assessment
$1,410,551
Total Assessment
$1,647,953
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3605 Yucca Dr
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