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Freeway-Frontage Shopping Center
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2403 South Stemmons Freeway, Lewisville, TX 75067

The multi-tenant center has general business zoning and received extensive exterior and site improvements in 2023.

Property Size52,545 SF
Days on Market4

Property Features for 2403 South Stemmons Freeway

General Information

Standard status Active
Size 52,545 SF
Property subtype Retail
Zoning GB - General Business
Occupancy 59%

Site & Location

Traffic Count 190,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 52,545 SF
Year Built 1996
Year Renovated 2023
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Ryan Byrne · License #580152
Source: Srsre
Added: Oct 19 Last Checked: Oct 20 at 5:06PM

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 SRS Real Estate Partners - Global Company

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Investment Insights

Based on property information with market context.

Vista Grove is a two-building retail center totaling 52,545 square feet, built in 1996 and zoned GB - General Business. Extensive work completed in 2023 included facade improvements and parking lot restriping. The property has a new roof covered by a 20-year warranty through 2043. Building 1 contains 43,522 square feet, with 19,497 square feet available and 55.20% occupancy. Building 2 totals 9,023 square feet, with 2,000 square feet available and 77.83% occupancy.

At 2403 South Stemmons Freeway in Lewisville, the center fronts I-35E, also known as Stemmons Freeway, which carries 190,000+ vehicles per day. E. Round Grove Road provides access. The property is adjacent to The Vista mixed-use destination and Zion Market, a separate supermarket and dining destination serving customers from across North Texas.

Key Highlights

  • 52,545‑square‑foot retail center comprising two buildings
  • Frontage on I‑35E / Stemmons Freeway, with 190,000+ VPD
  • 21,497 SF available: 19,497 SF in Building 1 and 2,000 SF in Building 2

Property Analytics

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Current Use

Concentra Urgent Care Occupational Health Service Haply Hemp Cafe ... Cafe & Coffee Shop Mattress Firm Vista ... Furniture & Home Goods Red Wing - Lewisville, ... Clothing & Fashion Store Up In Smoke Lewisville Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Building Supply

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

190,000 VPD
Traffic count
59%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby
513k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 29% Apparel 27% Dining 25% Groceries 9%
Academy Sports + Outdoors Apparel
39,677 visits/mo 0.4 miles
Hobby Lobby Shops & Services
38,249 visits/mo 0.4 miles
Burlington Apparel
37,959 visits/mo 0.4 miles
Total Wine & More Groceries
33,148 visits/mo 0.4 miles
Dollar Tree Shops & Services
32,820 visits/mo 0.4 miles

Demographics for 75067, TX

68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Eagle Lake Vista Shopping Center — 755 Texas 121 Business, Lewisville, TX 75057
  • fi.d.o — Petco, 420 FM3040 #680, Lewisville, TX 75067
  • American Beauty Avenue — 292 E Round Grove Rd, Lewisville, TX 75067
  • Dallas shoe warehouse — Lewisville, TX 75067
  • Vista Ridge Plaza — E Round Grove Rd, Lewisville, TX 75067

Frequently Asked Questions

What type of property is this?
Shopping center - The multi-tenant center has general business zoning and received extensive exterior and site improvements in 2023.
Where is this shopping center located?
The property is located at 2403 South Stemmons Freeway Lewisville, TX.
What are key features of this property?
This property features: 52,545‑square‑foot retail center comprising two buildings; Frontage on I‑35E / Stemmons Freeway, with 190,000+ VPD; 21,497 SF available: 19,497 SF in Building 1 and 2,000 SF in Building 2
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