915-921 N Mill Street, Lewisville, TX 75057
Multi-tenant retail property near Old Town Lewisville.
- Added:
- Apr 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 22 at 5:44 pm
Property Features for 915-921 N Mill Street
General Information
- Standard status
- Active
- Size
- 7,186 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agent John Torres
Listing office Preeminent CRE Group
Listing date Apr 22, 2026
Source Signaturere
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HighLights
- Well‑established retail property.
- Multi‑tenant property.
- Opportunity to create consistent rental income.
- Located within minutes of Old Town Lewisville.
- Consists of 4 office units.
- Year Built: 1986.
Overview
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 | $173.3k | $24.12 |
| − Vacancy | −$8.3k | −$1.16 |
| EGI | $165.0k | $22.96 |
| − OpEx | −$49.5k | −$6.89 |
| NOI | $115.5k | $16.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -97.001101
- Latitude
- 33.0574944
