Listing Agency: Secure Net Lease

Listed By: Sam House · License #TX 696383 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:26PM

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Investment Insights

Based on property information with market context.

This retail property comprises 42,288 SF of commercial space and is offered for sale. The asset is located at 297 W Round Grove Rd in Lewisville, Texas 75067. The listing reflects a 7.24% CAP rate.

Key Highlights

• 42,288 SF of retail space
• 7.24% CAP rate
• Located at 297 W Round Grove Rd, Lewisville, TX 75067

Property Analytics

Property Profile

Current Use

ZEN Health Therapy ... Alternative Medicine Practice Millennium Hair Salon Hair Salon Dr. Lance Terry Alternative Medicine Practice Vista Ridge Chiropractic Alternative Medicine Practice Daddy Rabbit's Pub Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Dental Office (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

611

Businesses Nearby

143k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 78% Shops & Services 12% Dining 10%

Walmart Superstores

111,190 visits/mo 0.4 miles

Murphy USA Shops & Services

14,091 visits/mo 0.4 miles

Wendy's Dining

9,858 visits/mo 0.5 miles

Arby's Dining

4,530 visits/mo 0.5 miles

Sunoco Shops & Services

1,727 visits/mo 0.2 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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space offered for sale with an established commercial footprint.

Where is this retail space located?

The property is located at 297 W Round Grove Rd Lewisville, TX.

What are key features of this property?

This property features: 42,288 SF of retail space; 7.24% CAP rate; Located at 297 W Round Grove Rd, Lewisville, TX 75067