Retail Corner End Cap
501 Old Denton Road Lewisville, TX 75056
501 Old Denton Road, Lewisville, TX, 75056
$3,500,000
For Sale
$3,500,000
SINGLE_FAMILY - Lewisville, TX
Property Size8,487 SF
Lot Size2.53 Acres
Price / SF$412.40
Days on Market306
Property Features for 501 Old Denton Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Property condition
- Under Construction
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R686725
- Lot size
- 2.53 Acres
Taxes and HOA fees
- Tax Description
- WYNDALE MEADOWS ADDITION PHASE 1 BLK M LOT 2
- Tax Annual Amount
- 30460
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- StoneVeneer, Stucco
- Roof type
- Flat
Listing agency
Competitive Edge Realty LLC
(972) 200-3685
Listed by
Mary Brandon · License #0569062
(972) 231-4663
Added: Sep 19, 2025 Updated: Jun 9 at 12:34PM Checked: Jul 21 at 9:06AM
MLS# 21061999
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Prime retail shell space offering approximately 8,487 sq. ft. in Building 1, designed for a build-ready tenant finish. The property includes full utility infrastructure, with electricity, water, sewer, and drainage already in place, supporting a straightforward path to opening. Completion is expected approximately Dec 2025 through Jan 2026.
The retail center sits at a highly visible corner of Parker and Old Denton Road, offering strong exposure to passing traffic. The site is positioned amid established neighborhoods and retail corridors, which helps support ongoing customer access. The location is also supported by Lewisville’s growing population, creating a solid foundation for future tenants.
This end cap configuration is particularly well suited for restaurant, café, or other food service concepts, with a grease trap included as part of the build. Beyond food service, the center is intended to accommodate a wide range of retail uses, making it a flexible option for operators seeking a prominent storefront presence and a facility that can be adapted to their specific concept as the project comes online.
The retail center sits at a highly visible corner of Parker and Old Denton Road, offering strong exposure to passing traffic. The site is positioned amid established neighborhoods and retail corridors, which helps support ongoing customer access. The location is also supported by Lewisville’s growing population, creating a solid foundation for future tenants.
This end cap configuration is particularly well suited for restaurant, café, or other food service concepts, with a grease trap included as part of the build. Beyond food service, the center is intended to accommodate a wide range of retail uses, making it a flexible option for operators seeking a prominent storefront presence and a facility that can be adapted to their specific concept as the project comes online.
Key Highlights
- About 8,487 SF retail shell space (Building 1) with full utility infrastructure for electricity, water, sewer, and drainage
- New construction: year built 2025; estimated completion Dec 2025 to Jan 2026; property condition is under construction
- Flat roof; exterior materials include stone veneer and stucco
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.7k | $24.12 |
| − Vacancy | −$9.8k | −$1.16 |
| EGI | $194.9k | $22.96 |
| − OpEx | −$58.5k | −$6.89 |
| NOI | $136.4k | $16.07 |
8,487 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.95M
$1.71M – $2.27M
NOI $136,416 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,066 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Build-ready end cap with full utilities and grease trap, positioned for high-visibility retail use at a major intersection.
Where is this retail space located?
The property is located at 501 Old Denton Road Lewisville, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: About 8,487 SF retail shell space (Building 1) with full utility infrastructure for electricity, water, sewer, and drainage; New construction: year built 2025; estimated completion Dec 2025 to Jan 2026; property condition is under construction; Flat roof; exterior materials include stone veneer and stucco
