Property Name

Vista Grove

GLA 52,474 SF

Percent Leased 71% Leased

Property Description

Vista Grove is a 71% leased, 52,474 square foot retail asset located within a thriving retail corridor of Lewisville, Texas.   The Property is located at the gateway to a dominant, dynamic retail hub containing more than 3,000,000 SF of retail and restaurant GLA (CoStar). Vista Grove is situated on the heavily-trafficked hard corner of Interstate 35 and Round Grove Road with traffic volumes exceeding 200,000 vehicles per day.  At 71% occupancy, the Property is leased to a noteworthy tenant lineup led by national and regional brands including DXL Big + Tall, Verizon, Concentra Urgent Care, Mattress Firm, Pearle Vision and Red Wing Shoes, among others.  New lease extensions since the beginning of 2020 have been executed by DXL, Concentra Urgent Care, Red Wing Shoes and Pearle Vision, which represent over 41% of the GLA and extend Vista Grove’s weighted average base lease term expiration to February 2026.   Other national retailers in the immediate area include Costco, Walmart, Target, Cinemark, Michaels, Best Buy, Dick’s Sporting Goods (opened March 2021), Old Navy, PetSmart, LA Fitness, Starbucks, Chick-fil-A, AT&T and many more.