Listing Agency: d***@cbre.com Show Phone

Listed By: David Smith Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Sep 1 at 2:36PM

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Investment Insights

Based on property information with market context.

This multi-tenant shopping center is anchored by a Walmart Neighborhood Market. The property is located on the signalized hard corner of FM 407, also known as Justin Road, and North Garden Ridge Boulevard. The surrounding area features strong demographics within an affluent suburban trade area. The available retail space measures 1,600 square feet.

Key Highlights

• Anchored by Walmart Neighborhood Market
• Located on signalized, hard‑corner
• FM 407 / Justin Rd and North Garden Ridge Blvd location

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

111

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 75077, TX

38,073

Population

14,768

Households

2.6

Avg Household Size

42

Median Age

48%

College-Educated

97%

High-School Grad

14.1 sq mi

ZIP Area

2,700

Density / Sq Mi

$121,220

Median Household Income

$60,140

Median Earnings

$1,886

Median Rent

$418,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in multi-tenant shopping center.

Where is this shopping center located?

The property is located at 1511 FM Road 407 Lewisville, TX.

What are key features of this property?

This property features: Anchored by Walmart Neighborhood Market; Located on signalized, hard‑corner; FM 407 / Justin Rd and North Garden Ridge Blvd location