Rowlett, TX

Stabilized Multi-Tenant Medical Office Building

7801 Lakeview Pkwy | Rowlett, TX

  • Property Type

    Multi-Tenant Medical Office Building

  • Size

    15,440 Square Feet

  • Key Tenants

    Texas Cardiac Associates, LabCorp, North Texas ENT

  • Date Acquired

    May 2021


    Date Sold

    June 2022

THE ASSET

  • 15,440 SF stabilized multi-tenant medical office building anchored by Texas Cardiac Associates, a renowned cardiology group and affiliate of Baylor Scott & White Health, the largest not-for-profit healthcare system in Texas.

THE OPPORTUNITY

  • Acquire a stabilized asset located in the heart of a dominant retail & commercial corridor of Rowlett, TX in suburban Dallas.
  • Create value through lease extensions and sophisticated property/asset management.

THE RESULT

  • Upon successfully completing lease renewals for three tenants in the building, we marketed the property for sale and closed in June 2022 with a private investor.