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Retail Space in Irving, Texas
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515 PROMENADE PKY, Irving, TX 75039

1,500 SF street-level retail space in Irving, Texas.

Property Size1,500 SF
Days on Market114

Property Features for 515 PROMENADE PKY

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial
Listing Agency: The Weitzman Group | Dallas
Listed By: William Shuford III
Source: Weitzmangroup
Added: Apr 8 Changed: Jul 6 Last Checked: Jul 6 at 12:10PM

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

Investment Insights

Based on property information with market context.

The Jefferson Lumen offers 1,500 square feet of street-level retail space. It is located at 515 Promenade Parkway, parallel to W Northwest Hwy. The space is a shell space with ample tenant improvements available. Jefferson Lumen consists of 433 units with a 92% occupancy rate. There are 387 additional multifamily units to the east of the Lumen. The property is directly across from the new Wells Fargo Campus, which will consist of 3,000 employees and is expected to be completed in Q4 2025.

Key Highlights

  • Directly across from the new Wells Fargo Campus with 3,000 employees (delivering Q4 2025)
  • Located in The Jefferson Lumen, consisting of 433 units with a 92% occupancy rate
  • 1,500 SF of street‑level retail space**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Electrical Service Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 75039, TX

24,569
Population
13,286
Households
1.8
Avg Household Size
33
Median Age
76%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
4,310
Density / Sq Mi
$102,366
Median Household Income
$79,104
Median Earnings
$1,812
Median Rent
$567,500
Median Home Value

Market

Lease Benchmarks for Irving, TX

$24.96 /SF/Yr
Avg Asking Price
$13–$33.04 /SF/Yr
Price Range
2,447 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 1,500 SF street-level retail space in Irving, Texas.
Where is this retail space located?
The property is located at 515 PROMENADE PKY Irving, TX.
What are key features of this property?
This property features: Directly across from the new Wells Fargo Campus with 3,000 employees (delivering Q4 2025); Located in The Jefferson Lumen, consisting of 433 units with a 92% occupancy rate; 1,500 SF of street‑level retail space**
More about this property
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