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    500 W Eldorado Pkwy Little Elm, TX 75068

    For Sale
    $12,000,000

    42,654 SF retail center in Little Elm, Texas.

    Property size:
    42,654 SF
    Lot size:
    1.70 Acres

    Property Features for 500 W Eldorado Pkwy

    General Information

    Size
    42,654 SF
    Lot size
    1.70 Acres

    Source: Onyx Legacy Group - eXp Commercial Agent Amar Hayer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Little Elm Retail Center For Sale

    Lake Shore Crossing comprises two multi-tenant buildings, totaling 42,654 square feet, situated on two land parcels totaling 5.78 acres. Located in a high-growth area of Little Elm, Texas, the center is 91 percent occupied. The tenant mix includes internet-resistant and service-oriented retailers. All leases are triple-net, and the majority of leases have personal guarantees. Tenants include a convenience store with Chevron gas station, Liquor Mart, Krab Kingz restaurant, Leo’s Brunch House, Furry Friends, Infant Wing Creekwood, Creekwood School, State Farm Insurance, Mr. Jim’s Pizza, HD Nails, One Off Events, Lake Front Family Dentistry, The Water’s Edge Café, Savory Kitchen, and King Indian Restaurant. A large pylon sign provides additional exposure for the center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.972666
    Latitude
    33.154282

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    FAQs

    What type of property is this?
    Shopping center - 42,654 SF retail center in Little Elm, Texas.
    Where is this shopping center located?
    The property is located at 500 W Eldorado Pkwy Little Elm, TX.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - 91% Occupancy Rate: Benefit from strong tenant demand and consistent income.; - Triple-Net Leases: Enjoy a hands-off investment with tenants covering operating expenses.; - Diverse Tenant Mix: Stability is ensured with internet-resistant and service-oriented retailers.
    (469) 888-2425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 W Eldorado Pkwy Little Elm, TX 75068
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