The Property includes an existing ±35,601 SF building which housed specialized education for students and encompasses a full city block only 0.3 miles (8 minute walk) from the heart of Downtown Lewisville. Downtown Lewisville is quickly redeveloping into a walkable urban district with new townhomes, creative office space and eclectic local retailers and restaurants with outdoor patios. The Property is located within an Opportunity Zone.
Access & Regional Connectivity: The Property is conveniently situated near one of north Texas’ most traveled thoroughfares, I-35E, allowing for regional access to employment, medical, entertainment districts, DFW International Airport, and Love Field via the Dallas North Toll Road.
Desirable Location: The property is located within a 5-minute walk from the rapidly growing Downtown Lewisville area providing ample lifestyle amenities and access to major highways including Interstate 35E and Highway 121. This growth is spurred Dallas Area Rapid Transit providing convenient access to the largest employment nodes in Dallas and Fort Worth, and to DFW International Airport, and Love Field Airport.
Walkable / Bikeable Amenities: The Property offers a dynamic alternative to professionals of all ages looking for an experiential lifestyle in a suburban environment. These lifestyles are driven by creative food, nightlife, ample outdoor recreational space, and entertainment within a short distance from work or home in the vibrant Downtown Lewisville neighborhood.
High-Barrier-To-Entry Infill Location: The Property is one of the few contiguous tracts of land representing multiple city blocks in the heart of Downtown Lewisville. Nearly all of the area surrounding the property is builtout requiring assemblage for larger developments. This has contributed to the rise in existing home prices in the immediate area leaving a shortage of inventory for new homes.