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    5505 Gordon Smith Dr Rowlett, TX 75088

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    For Lease
    $1,395,140

    Retail spaces available in a revitalized neighborhood shopping center.

    Lot size:
    2.67 Acres

    Property Features for 5505 Gordon Smith Dr

    General Information

    Lot size
    2.67 Acres

    Source: SHOP Companies - Corporate Agent Josh Beliak

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

    Overview

    Retail Space in Hillcrest Village

    Retail spaces are available in Hillcrest Village, which has been transformed into a neighborhood shopping center. The property features a 1.5-acre city park and numerous upgrades, including building façade enhancements, new site lighting, significant landscape improvements, pedestrian pathway connections, and oversized outdoor patios fronting the park. Over 30 new leases have been signed. Current tenants include Cane Rosso, Andy’s Frozen Custard, Haystack Burgers, Ka Thai, and Starwood Café. Only two spaces are currently available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Timberlake Shopping Center, Quick-Tag, Lyrical Fuzion Bl'azaar, Lakeview Xing, Lakeview Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.5808535
    Latitude
    32.9103891

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in a revitalized neighborhood shopping center.
    Where is this shopping center located?
    The property is located at 5505 Gordon Smith Dr Rowlett, TX.
    What are key features of this property?
    This property features: - Located in a transformed, iconic neighborhood gathering place with a modern city park.; - Surrounded by popular establishments like Cane Rosso, Andy’s Frozen Custard, and Haystack Burgers.; - Numerous property upgrades including facade enhancements, new lighting, and landscape improvements.
    (214) 242-5445
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    5505 Gordon Smith Dr Rowlett, TX 75088
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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
    5505 Gordon Smith Dr Rowlett, TX 75088
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