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1st Floor Ste
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Medical Office
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61,203 SF
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Rate Upon Request
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Harvest MXD Inc. (“HMXD”) has been exclusively retained to execute the sale or lease of one (1) surplus property (the “Property”) on behalf of Lewisville Independent School District and Board of Trustees (“LISD”). The Property is well-located within LISD and Denton County, Texas, in the city of Lewisville, and consists of ±4.3 acres of land area and ±61,203 square feet of building area supported by exceptional infrastructure.
The strategically located educational facility represents one of the strongest adaptive-reuse and land-value opportunity in North Texas. With shifting demographic patterns, evolving programmatic needs, and facility modernization across the district, the asset is now available for acquisition or lease, offering rare access to a well-located, large-format building in one of the region’s most sought-after submarkets.
The Property provides an attractive platform for value-add redevelopment, ground-up development, public-private-partnership or specialty-use conversions. The Property is uniquely positioned for accelerated repositioning or development given the efficient layout, excellent access and visibility, and embedded locations within established residential communities.
The Property offers multiple pathways to unlock value including:
Adaptive Reuse of Existing Facility
Large floor plate and durable construction enable conversion to a medical clinics, behavioral health centers, corporate training facility, office campuses, early education centers, or community serving institutions, offering a lower cost basis and shorter delivery timeline than ground-up development.
Mixed-Use or Residential Development
While the Property has adaptive reuse potential, the embedded location within well-established neighborhoods provide an opportunity to demolish the existing improvements to deliver much needed new development to serve the surrounding communities including single family and multifamily housing, workforce housing, senior housing, medical office, neighborhood retail, or civic-oriented mixed-use development. The infill locations and strong submarket fundamentals support this long-term value creation opportunity.
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Date available: Now
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Lease term: Negotiable
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Service type: To Be Determined
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Space Type: Relet
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Chris Harden
Harvest MXD
