1425 Justin Rd - Storefront FOR SALE


Lewisville, TX 75077- Lewisville/Flower Mound
$5,900,000 USD
214-636-2549
1425 Justin Rd, Lewisville, TX for Sale
$5,900,000 USD
Storefront - FOR SALE
1/14
null | 6.8% Cap Rate

1425 Justin Rd
Lewisville, TX 75077
Lewisville/Flower Mound


HIGHLIGHTS

  • 93% Occupied: Strong tenant retention with 44% of GLA occupied for over 14 years.
  • Value-Add Opportunity: Rental rates remain well below market, providing upside potential.
  • Diverse Tenant Mix: Internet-resistant and service-oriented tenants ensure consistent foot traffic.
  • High Visibility Location: Positioned at the intersection of FM 407/Justin Rd and Archer Way.
  • Strong Traffic Counts: 31,703 VPD on Justin Rd/FM 407 (2022 data).
  • Nearby National Retailers: Walmart, Sonic, CVS, 7-Eleven, and Public Storage enhance traffic and desirability.

OVERVIEW

Lewisville Village is a well-positioned retail center located at a hard corner in a high-traffic area of Lewisville, TX. The center boasts a stable tenant mix with long-term occupants and offers a value-add opportunity with below-market rental rates. The property provides excellent visibility and accessibility, making it a prime investment for buyers seeking a strong retail asset with growth potential.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lewisville Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

LI

APN/PARCEL ID

R121056

ASK ABOUT THIS PROPERTY

Jeremy CummingsStructure CommercialMore Info
214-636-2549

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Jeremy CummingsStructure CommercialMore Info
214-636-2549

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.