519 BENNETT LANE, LEWISVILLE, TX 75057
Homes for sale in Lewisville.
Homes for sale in 75057.
List Price$1,980,000
519 Bennett Lane
Lewisville, TX 75057
Listing #21270356
About This Property
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 2006, 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. The concrete parking lot, quality construction, and pride of ownership elevate this property well above typical flex inventory in the market. 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.
Property Features
Location Information
County
Denton
Subdivision
Bennett Park Center
Interior Features
Has Fireplace
No
Floors
Concrete, Ceramic Tile
Heating
Central
Tenant Pays
Electricity
Cooling
Central Air, Electric
Total Number of Units
8
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
42,340
Foundation
Slab
Possible Best Use
Automotive, Industrial, Off
Roof
Metal
Zoning
Industrial
Utilities
Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
8,050
Parking Description
Common, Concrete, Garage Faces Rear
Road Description
City Street
Has Garage
Yes
Is One Story
No
Lot Size in Acres
0.972
Additional Information
Year Built Details
Preowned
Tax Annual Amount
11225.0
Property Type
COM
Community Features
Curbs
Property SubType
Industrial
Documents Available
Aerial, Survey
Year Built
2006
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$9,246
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,134
Monthly Tax
$1,650
Monthly Insurance
$462
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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