The property is accessed by South Garden Ridge Boulevard and surrounded by mature neighborhoods with homes ranging from ±$375,000 to ±$675,000, with some homes exceeding $1,000,000 to the west and southwest. S. Garden Ridge Blvd provides access to I-35 to the north, and Hwy 121 via Lakeside Parkway to the south. These thoroughfares connect the property to major entertainment and lifestyle destinations, employment centers, Lake Lewisville, Lake grapevine and DFW International Airport. Best in class retailers including Whole Foods Market, World Market, LA Fitness, Cheesecake Factory, Corner Baker, Banana Republic, and Mi Cocina are located only 15 minutes north, making this property ideal for an adaptive re-use, or redevelopment. Proximate to Major Employment Nodes: The Property boasts easy access to Highway 121 and Interstate 35, allowing for efficient commutes to major employment hubs including Denton, Addison, Uptown and Downtown Dallas. The Property is less than 5 miles from downtown Lewisville, Grapevine, and 20 minutes from Legacy West, Granite Park, Hall Park, Stonbriar Centre and The Star. Rare Development/Adaptive Re-Use Opportunity: The Property is one of the few large undeveloped tracts of land remaining in the heart of Flower Mound. Nearly all of the area surrounding the property is builtout with almost no land available for development. This phenomenon has contributed to the rise in existing home prices in the immediate area leaving a shortage of inventory for new homes. Experiential & Lifestyle Amenities: Located less than 15 minutes from downtown Lewisville, Coppell, and Grapevine, and 20 minutes from Grandscape, Legacy West, the Property provides a dynamic opportunity for professionals of all ages looking for an experiential lifestyle in a less dense environment. These lifestyles are driven by creative food, nightlife, and entertainment within a short distance from home. Impressive Demographics: Within two miles of the property, the population exceeds 50,000 people with median household incomes of over $104,000. Strong growth is projected to continue in this highly affluent submarket.