Restaurant Property with Redevelopment
543 E FM 3040, Lewisville, TX
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NNN leased restaurant with strong franchisee and redevelopment potential.
Type:RETAIL
Property size:
5,911 SFLot size:
1.15 AcresPrice / SF:
$577/SF- Added:
- Nov 11, 2025
- Days on Market:
- 189
- Last Refresh:
- Apr 5 at 10:29 pm
Property Features for 543 E FM 3040
General Information
- Standard status
- Active
- Size
- 5,911 SF
- Lot size
- 1.15 Acres
- Property subtype
- RETAIL
Listing agent Adam English (256) 694-9803
Listing office Stream Capital Partners (256) 694-9803
Listing date Nov 11, 2025
Source Moodyscre
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 Stream Capital Partners
HighLights
- Absolute NNN lease with over 7 years remaining
- Prime signalized corner location with high visibility off E Round Rd (40K vehicles per day), near I‑35
- Strong franchisee, Apple Texas Restaurants, operating over 80 Applebee’s locations
- 8% rent increase in July 2029, with 10%+ bumps scheduled at each option
- Located in the booming Dallas‑Fort Worth metroplex with a strong local consumer base (average household income of $116,639 within 5 miles)
- $200 million Vista mall redevelopment into a mixed‑use destination
Overview
This property, suitable for conventional restaurants, retail, and specialty purposes, features an absolute NNN lease with over 7 years remaining, requiring minimal landlord involvement as the tenant covers insurance, taxes, and maintenance expenses. The property benefits from a large lot size of 1.14 acres. The location is a prime signalized corner with full visibility off E Round Rd, which sees 40,000 vehicles per day, and is just off major highway I-35, ensuring high traffic exposure. Nearby national retailers include Target, Walmart, Kroger, Chick-fil-A, Starbucks, and Home Depot. An 8% rent increase is scheduled for July 2029, with 10%+ increases scheduled at each option. The Vista mall will undergo a $200 million redevelopment, transforming it into a vibrant mixed-use destination featuring multifamily, office, retail, and entertainment. Additionally, a $32 million bond project has been approved to fund critical infrastructure improvements at the current mall site, paving the way for this exciting transformation. The Dallas-Fort Worth metroplex had the largest population growth in the United States in 2023. Within five miles of the site, the average household income is $116,639, reflecting a strong consumer base. The property is operated by Apple Texas Restaurants, which operates over 80 Applebee’s locations and is a subsidiary of SSCP Management, a multi-brand operator with over 500 units, including CiCi’s Pizza, Corner Bakery, Roy’s Fine Dining, and Sonic. The property size is 5,911 square feet.
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.9102
- Latitude
- 33.0787
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FAQs
What type of property is this?
Conventional restaurant - NNN leased restaurant with strong franchisee and redevelopment potential.
Where is this conventional restaurant located?
The property is located at 543 E FM 3040 Lewisville, TX.
What is the asking price?
The asking price for this property is $3,415,886.
What are key features of this property?
This property features: Absolute NNN lease with over 7 years remaining; Prime signalized corner location with high visibility off E Round Rd (40K vehicles per day), near I‑35; Strong franchisee, Apple Texas Restaurants, operating over 80 Applebee’s locations
