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Dallas MSA Value-Add Office Opportunity 650 S Edmonds Ln 12,248 SF 59% Leased Office Building Online Auction Sale Lewisville, TX 75067
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Value-add multi-tenant office asset available for discerning purchasers seeking their next investment opportunity in Lewisville, Texas.
- Situated just 30 minutes north of Dallas, this location offers a blend of suburban comfort with big-city amenities.
- Offering flexible floor plans and premier on-site features, allowing new ownership several avenues for the future.
- Highly accessible location near major transportation routes such as Interstate 35E, State Highways 12 and 1, and President George Bush Turnpike.
- Just a quick drive to several retailers and restaurants, including Starbucks, Chick-fil-A, WinCo Foods, Walmart Supercenter, and many more.
EXECUTIVE SUMMARY
Lewisville Office Park offers investors, buyers, and owner/users a premier opportunity just north of Dallas.
650 S Edmonds Lane is a spacious office property spanning 12,248 square feet, designed for multiple tenants across two stories. The building features an attractive brick façade that requires minimal upkeep. Inside, several suites with an open layout encourage collaboration. Expansive windows and an abundance of natural light create a welcoming environment for guests as they enter. Tenants enjoy excellent visibility from the main road, plentiful parking spaces, and easy access to nearby amenities. The mix of occupants in the building is varied, with most tenants operating on flexible month-to-month leases and the US Army securing a long-term presence in the property. This arrangement provides buyers with substantial flexibility to fill vacant suites as needed and adjust lease terms to potentially increase revenue.
Located just 30 minutes north of Dallas, this property enjoys the advantages of Lewisville's suburban community while offering convenient access to major city amenities. With proximity to Interstate 35E, State Highway 121, and President George Bush Turnpike, transportation is highly efficient. Positioned within Lewisville’s dynamic business corridor, the asset is only minutes from Vista Ridge Mall, The Shops at Vista Ridge, and a wide range of dining and retail establishments. Nearby conveniences include Raising Cane’s Chicken Fingers, Smoothie King, Subway, The UPS Store, and Sam’s Club, among others. Additionally, its closeness to Lewisville Lake provides both lifestyle and recreational opportunities, complementing the area’s robust commercial infrastructure.
Situated within the greater Dallas MSA, this property enjoys significant advantages as part of a robust office market. Prominent employers in the Dallas region include UT Southwestern Medical Center, Southwest Airlines, AT&T, Texas Instruments, among others. The Dallas-Fort Worth economy is recognized as one of the nation’s strongest, supported by its diverse industrial base and stable employment landscape.
Property tours are available by appointment only. Please contact the listing broker to schedule.
650 S Edmonds Lane is a spacious office property spanning 12,248 square feet, designed for multiple tenants across two stories. The building features an attractive brick façade that requires minimal upkeep. Inside, several suites with an open layout encourage collaboration. Expansive windows and an abundance of natural light create a welcoming environment for guests as they enter. Tenants enjoy excellent visibility from the main road, plentiful parking spaces, and easy access to nearby amenities. The mix of occupants in the building is varied, with most tenants operating on flexible month-to-month leases and the US Army securing a long-term presence in the property. This arrangement provides buyers with substantial flexibility to fill vacant suites as needed and adjust lease terms to potentially increase revenue.
Located just 30 minutes north of Dallas, this property enjoys the advantages of Lewisville's suburban community while offering convenient access to major city amenities. With proximity to Interstate 35E, State Highway 121, and President George Bush Turnpike, transportation is highly efficient. Positioned within Lewisville’s dynamic business corridor, the asset is only minutes from Vista Ridge Mall, The Shops at Vista Ridge, and a wide range of dining and retail establishments. Nearby conveniences include Raising Cane’s Chicken Fingers, Smoothie King, Subway, The UPS Store, and Sam’s Club, among others. Additionally, its closeness to Lewisville Lake provides both lifestyle and recreational opportunities, complementing the area’s robust commercial infrastructure.
Situated within the greater Dallas MSA, this property enjoys significant advantages as part of a robust office market. Prominent employers in the Dallas region include UT Southwestern Medical Center, Southwest Airlines, AT&T, Texas Instruments, among others. The Dallas-Fort Worth economy is recognized as one of the nation’s strongest, supported by its diverse industrial base and stable employment landscape.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOURS
Suite 110 Matterport Tour
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OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
12,248 SF
Building Class
B
Year Built
1985
Percent Leased
59%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,124 SF
Building FAR
0.39
Lot Size
0.72 AC
Parcel Number
R121682
Zoning
RC- Lewisville - Commercial
Parking
56 Spaces (4.12 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Security System
- Kitchen
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Finished out; ready to occupy. Several spacious office configurations. Convenient for any office user
- 2nd Fl-Ste 231B
- 208 SF
- Office
- -
- Now
- 2nd Fl-Ste 231C
- 92 SF
- Office
- -
- Now
- 2nd Fl-Ste 233
- 643 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 225 | 1,110 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 231B | 208 SF | Office | - | Now |
| 2nd Fl-Ste 231C | 92 SF | Office | - | Now |
| 2nd Fl-Ste 233 | 643 SF | Office | - | Now |
2nd Fl-Ste 225
| Size |
| 1,110 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 231B
| Size |
| 208 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 231C
| Size |
| 92 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 233
| Size |
| 643 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 225
| Size | 1,110 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Finished out; ready to occupy. Several spacious office configurations. Convenient for any office user
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
20,014
110,161
223,431
2020 Population
18,208
102,733
208,357
2029 Population
24,071
132,057
264,484
2024-2029 Projected Population Growth
20.3%
19.9%
18.4%
Daytime Employees
8,365
41,995
91,280
Total Businesses
1,204
4,487
10,243
Average Household Income
$77,266
$99,952
$121,158
Median Household Income
$66,421
$80,956
$95,107
Total Consumer Spending
$192.8M
$1.3B
$3B
Median Age
34.8
37.5
38.6
2024 Households
6,557
40,586
83,309
Percent College Degree or Above
14%
24%
29%
Average Home Value
$225,830
$313,856
$401,251
SALE ADVISOR
SALE ADVISOR
Matt Matthews, Managing Director
Before joining SVN Trinity Advisors, he was a Principal with Matthews Commercial Group.
Matt has created market expansion for the team primarily through Office and Land acquisitions and dispositions. He is focused on guiding local investors and business owners through the real estate process while building and maintaining their portfolios.
Matt grew up in Northeast Tarrant County and now lives in Keller with his wife, Cassie, and their four wonderful children. They enjoy most anything outdoors, anything Baylor, and making an impact within their church and local community.
Matt has created market expansion for the team primarily through Office and Land acquisitions and dispositions. He is focused on guiding local investors and business owners through the real estate process while building and maintaining their portfolios.
Matt grew up in Northeast Tarrant County and now lives in Keller with his wife, Cassie, and their four wonderful children. They enjoy most anything outdoors, anything Baylor, and making an impact within their church and local community.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
AUCTION CONTACT
John Artozqui
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Dallas MSA Value-Add Office Opportunity | 650 S Edmonds Ln
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Dallas MSA Value-Add Office Opportunity | 650 S Edmonds Ln
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