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7801 Lakeview Pky
Rowlett, TX 75089
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • The asset is over 70% occupied by credit-rated tenants: Baylor Scott & White (Aa3) and LabCorp (Baa2)
  • The property is priced well below replacement cost and offers stable in-place cash flow with below-market rents
  • Well-positioned just 1.5 miles West of Baylor Scott & White Lake Pointe Medical Campus
  • All four tenants have renewed their leases within the last 12 months
  • Baylor Scott & White has invested significant capital into upgrading their suite and have also recently exercised a 5-year extension

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
15,400 SF
Building Class
B
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,400 SF
Building FAR
0.17
Lot Size
2.07 AC
Zoning
Z92
Parking
121 Spaces (7.86 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
440167300101R0000
Land Assessment
$722,400
Improvements Assessment
$4,127,600
Total Assessment
$4,850,000
  • Listing ID: 25057808

  • Date on Market: 2/15/2022

  • Last Updated:

  • Address: 7801 Lakeview Pky, Rowlett, TX 75089

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