Multi-Tenant Retail
For Sale
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4724 LAKEVIEW PKWY, Rowlett, TX 75088
Retail center leased under an absolute NNN structure with scheduled rent increases and established national co-tenancy nearby.
Property Size7,380 SF
Lot Size0.99 Acres
Price / SF$681.03
Days on Market71
Property Features for 4724 LAKEVIEW PKWY
General Information
Standard status
Active
Size
7,380 SF
Lot size
0.99 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$301,560
Additional Details
Gross Income
$301,560
Building Details
Year Built
2024
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
Stonecliff
Listed By:
Teddy Leonard · License #TX 631339
(980) 613-4890
Source:
Crexi
Added: Jul 17
Changed: Sep 16
Last Checked: Sep 24 at 9:46AM
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 Stonecliff
Investment Insights
Based on property information with market context.
The property is a multi-tenant retail center containing approximately 7,380 square feet of rentable space on an estimated 0.99-acre parcel. The development is subject to a 10-year absolute Triple Net lease, with 8+ years remaining and scheduled 10% rent increases every 5 years.
Located along Lakeview Parkway, the property benefits from a retail corridor carrying up to approximately 40,969 vehicles per day. Nearby national retailers include Walmart Supercenter, The Home Depot, Target, Ross, LA Fitness, Walgreens, and CVS. More than 68,700 residents live within 3 miles, where average household income is approximately $136,000. The site is also within 20 miles of downtown Dallas, and active I-30 improvements at the Lake Ray Hubbard crossing are expanding the roadway to eight mainlanes with new frontage roads.
Located along Lakeview Parkway, the property benefits from a retail corridor carrying up to approximately 40,969 vehicles per day. Nearby national retailers include Walmart Supercenter, The Home Depot, Target, Ross, LA Fitness, Walgreens, and CVS. More than 68,700 residents live within 3 miles, where average household income is approximately $136,000. The site is also within 20 miles of downtown Dallas, and active I-30 improvements at the Lake Ray Hubbard crossing are expanding the roadway to eight mainlanes with new frontage roads.
Key Highlights
- 7,380 square feet of rentable retail space on an estimated 0.99‑acre parcel
- 10‑year absolute Triple Net lease with 8+ years remaining
- Scheduled 10% rental increases every 5 years
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75088, TX
26,899
Population
10,168
Households
2.6
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
2,892
Density / Sq Mi
$105,064
Median Household Income
$54,587
Median Earnings
$1,899
Median Rent
$326,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center leased under an absolute NNN structure with scheduled rent increases and established national co-tenancy nearby.
Where is this shopping center located?
The property is located at 4724 LAKEVIEW PKWY Rowlett, TX.
What is the asking price?
The asking price for this property is $5,026,000.
What are key features of this property?
This property features: 7,380 square feet of rentable retail space on an estimated 0.99‑acre parcel; 10‑year absolute Triple Net lease with 8+ years remaining; Scheduled 10% rental increases every 5 years
