519 Bennett Ln, Lewisville, TX 75057

$1,885,000

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List Price
$1,885,000
Price Change
▼ $95,000 1783815132
MLS#
21270356
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2007
Acres
0.97
County
Denton
City
Lewisville
Subdivision
Bennett Park Center

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.

Additional Information

Unexempt Taxes
$11,225
Tenant Pays
Electricity
Lot Size
42,340
Flooring
Concrete, Tile
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Common, Paved, Garage Faces Rear
Business Name
Bennett Park Center
Proposed Use
Automotive, Industrial, Office, Other, Warehouse
Inclusions
Land & Improvements
Possession
CloseOfEscrow
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Matt Calloway from Calloway Real Estate LLC. Contact: 214-995-9091