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$ 1,980,000
Est. payment /mo
New
519 Bennett Lane Lewisville, TX 75057
0.97 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Bennett Park Center
MLS Listing ID 21270356
Total Fin. Sqft 8050
Year Built 2007
Annual Tax Amount $11,225
Lot Size 0.972 Acres
Acres 0.972
Property Sub-Type Industrial
Property Description
Positioned in one of the most strategic industrial corridors in North Texas, 519 Bennett Ln presents a rare opportunity to acquire a fully leased, higher-end industrial flex investment property in the heart of Lewisville. Situated on approximately 1 acre, this well-maintained asset consists of two quality brick buildings totaling approximately 9,200 square feet gross building area with approximately 8,050 square feet of main usable space across 8 fully occupied tenant suites. Constructed in 2007, the property was designed to offer long-term durability, functionality, and strong tenant appeal. Each suite features professional office buildout, private restroom, roll-up door access, and durable standing seam metal roofing—creating the ideal blend of warehouse functionality and professional presentation sought by today's industrial tenants. 100% air conditioned suites. The concrete parking lot, quality construction, and pride of ownership elevate this property well above typical flex inventory in the market. 23 space parking lot with 2 spots designated for each tenant, 2 handicap and 5 overflow.
Offered at a 7% cap rate with 100% occupancy, the property delivers stable in-place cash flow and dependable income, making it an attractive addition for investors seeking portfolio stability and long-term appreciation potential. Strategically located near Interstate 35 and Sam Rayburn Tollway 121, the property benefits from exceptional regional access, strong surrounding commercial growth, and continued demand for quality flex industrial space throughout the North DFW market. An ideal opportunity for investors seeking a stabilized, low-maintenance industrial asset or buyers completing a 1031 exchange into a premium income-producing commercial investment in a prime Lewisville industrial location.
Offered at a 7% cap rate with 100% occupancy, the property delivers stable in-place cash flow and dependable income, making it an attractive addition for investors seeking portfolio stability and long-term appreciation potential. Strategically located near Interstate 35 and Sam Rayburn Tollway 121, the property benefits from exceptional regional access, strong surrounding commercial growth, and continued demand for quality flex industrial space throughout the North DFW market. An ideal opportunity for investors seeking a stabilized, low-maintenance industrial asset or buyers completing a 1031 exchange into a premium income-producing commercial investment in a prime Lewisville industrial location.
Location
State TX
County Denton
Zoning Industrial
Direction GPS
Interior
Heating Central
Cooling Central Air, Electric
Flooring Ceramic Tile, Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Special Listing Condition Aerial Photo, Survey Available
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Listed by Matt Calloway • Calloway Real Estate LLC