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Retail Investment Property
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3120 Justin Rd, Lewisville, TX 75077

Retail asset offered for sale with a listed 5.98% cap rate and 7,721 SF.

Property Size7,721 SF
Days on Market142

Property Features for 3120 Justin Rd

General Information

Standard status Active
Size 7,721 SF
Property subtype Retail

Additional Details

Cap Rate 5.98%

Building Details

Tenancy Multi
Listing Agency: Summit Real Estate
Listed By: Hudson Lambert · License #TX 724882
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a listed 5.98% cap rate and totals 7,721 SF. The listing presents the asset as an income-oriented retail investment opportunity.

Located at 3120 Justin Rd in Lewisville, TX 75077, the property is positioned as a retail space within the broader commercial area of the address corridor.

Key Highlights

  • Retail asset for sale
  • Listed 5.98% cap rate
  • 7,721 SF

Property Analytics

Current Use

Talula's Party, Prom ... Clothing & Fashion Store Talulas Clothing & Fashion Store Dexter B. Dafney-Craig, ... Dental Office Platinum Sets Lashes Hair Salon H&R Block Tax Preparation

Suggested Use

Top Pick Law Firm Electrical Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby
636k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 37% Dining 24% Apparel 18% Shops & Services 13%
Target Superstores
119,236 visits/mo 0.4 miles
Walmart Superstores
118,856 visits/mo 0.3 miles
Academy Sports + Outdoors Apparel
40,646 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
28,227 visits/mo 0.5 miles
AMC Highland Village 12 Leisure
26,736 visits/mo 0.3 miles

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail asset offered for sale with a listed 5.98% cap rate and 7,721 SF.
Where is this retail space located?
The property is located at 3120 Justin Rd Lewisville, TX.
What are key features of this property?
This property features: Retail asset for sale; Listed 5.98% cap rate; 7,721 SF
More about this property
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