Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Retail Space Available Title is generated by Realmo AI

    2140 Oak Grove Pkwy, Little Elm, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction retail space in Ace-anchored shopping center.

    Type:RETAIL
    Property size:
    6,574 SF
    Lot size:
    8.11 Acres
    Added:
    Jul 11, 2025
    Days on Market:
    316
    Last Refresh:
    Apr 5 at 9:30 pm

    Property Features for 2140 Oak Grove Pkwy

    General Information

    Standard status
    Active
    Size
    6,574 SF
    Lot size
    8.11 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2140 Oak Grove Pkwy Contact us

    We can help!

    Listing Contact
    Maggie Hansen

    Listing agent Maggie Hansen

    Listing office The Weitzman Group | Dallas

    Listing date Jul 11, 2025

    Source Moodyscre

    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 The Weitzman Group | Dallas

    HighLights

    • High shopper traffic (400+ per day during grand opening week)
    • New construction retail space
    • Ace‑anchored shopping center
    • Located on FM 720 (Oak Grove Pky)
    • Opened June 15, 2025
    • 4 miles south of Hwy 380

    Overview

    New construction retail space is available in a shopping center anchored by Ace. The shopping center is located 4 miles south of Hwy 380 on FM 720 (Oak Grove Pky). The shopping center experienced over 400 shoppers per day during its grand opening week, which began June 15, 2025. The property offers 6574 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.974
    Latitude
    33.1664

    Nearby Similar for Lease

    • $5,600/Mo
      1,900 SF

      Office and Storage in Frisco

      Office and storage space available in a prime Frisco location.
      1927 Old Witt Road, Little Elm, TX 75036
      View Details
    • $31 SF/Yr

      Professional Office Space on El Dorado

      Office suites available for lease in Little Elm, Texas.
      901 E Eldorado Parkway, Little Elm, TX 75068
      View Details
    • $3,800/Mo

      Retail Space in Little Elm

      Retail space available for lease in Little Elm, Texas.
      1020 W Eldorado Pathway, Little Elm, TX 75068
      View Details
    • Contact for pricing
      1,261 SF

      303 E Eldorado Pkwy Ste 100

      303 E Eldorado Pkwy, Little Elm, TX 75068
      View Details
    • $31 SF/Yr
      3,050 SF

      Office Space on El Dorado

      Professional office suites available for lease in Little Elm.
      901 E Eldorado Parkway, Little Elm, TX 75068
      View Details
    • Contact for pricing

      Retail Center in Little Elm

      Regional shopping center with strong co-tenancy at a busy intersection.
      2700 East Eldorado Parkway, Little Elm, TX, 75068
      View Details
    • Contact for pricing
      41,370 SF

      New Retail Space Available

      New construction retail space available in a shopping center.
      2140 OAK GROVE PKWY, Little Elm, TX 75068
      View Details
    • $2,700/Mo

      Upgraded Office in Elm Ridge

      Office unit with reception, conference room, and three offices.
      2601 Little Elm Pkwy Ste 2101, Little Elm, TX, 75068-2504
      View Details
    • $27 SF/Yr
      1,800 SF

      Retail Center on FM 423

      9,144 SF retail center in high-growth Little Elm, TX.
      2405 FM 423, Little Elm, TX
      View Details
    • $34 SF/Yr
      1,390 SF

      New Mixed-Use Development Available

      Upscale professional, medical, retail, and restaurant spaces available Fall 2025.
      2135 Oak Grove Pkwy, Little Elm, TX
      View Details
    • Contact for pricing
      2,325 SF

      Retail Space Near Major Retailers

      Retail space with drive-thru potential near Little Elm Marketplace.
      2221 FM 423, Little Elm, TX
      View Details
    • Contact for pricing

      Retail Space in Established Plaza

      Retail space in a busy plaza with strong traffic drivers.
      1000 W Eldorado Pkwy, Little Elm, TX 75068
      View Details

    FAQs

    What type of property is this?
    Shopping center - New construction retail space in Ace-anchored shopping center.
    Where is this shopping center located?
    The property is located at 2140 Oak Grove Pkwy Little Elm, TX.
    What are key features of this property?
    This property features: High shopper traffic (400+ per day during grand opening week); New construction retail space; Ace‑anchored shopping center
    (503) 628-9582 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Maggie Hansen
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2140 Oak Grove Pkwy, Little Elm, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!