Lewisville Village
Lewisville Village is a 24,290 square foot retail asset situated in the affluent northern DFW submarket of Lewisville, Texas. Located on 2.86 acres, the Property is 100% leased to a complimentary tenant lineup including Chase Bank (ATM), State Farm, Rusty Anchor Bar & Grill, Village Motors, Pawsome Pets among numerous others. Lewisville Village is priced well below replacement cost at $244.55 per square foot to the building. Rents average only $17.98 per square foot NNN providing long term upside in rent growth. Pawsome Pets recently signed a new 5-year lease at $18.72 per square foot NNN with 4% annual escalations. The Property exhibits strong fundamentals with an average suite size of just 2,208 square feet providing strong residual value, highly visible pylon sign fronting Justin Road, abundance of parking, drive-thru ATM (Chase Bank) and 4 ingress/egress points of access with a left turn curb cut going west on Justin Road.
Tim Axilrod
214-960-2835 (Direct)
214-960-4545 (Office)
Tayler Rose
214-225-8541 (Direct)
214-960-4545 (Office)