101 Castle Hl Dr Lewisville, TX 75056

This exceptional 14,538 square foot shopping center in Lewisville, Texas, presents a compelling investment opportunity. Boasting a 6.18% cap rate and a strong $593,710 NOI, the property is 100% occupied with long-term NNN leases featuring rental escalations. Built in 2023, this Class "A" retail center features two retail strips, both equipped with drive-thru end caps, and benefits from a prime location within the 324-acre Realm at Castle Hills master-planned community. The property enjoys exceptional visibility, fronting Highway 121, a major artery in North DFW, with exposure to over 200,000 vehicles daily. The surrounding area boasts impressive demographics, including an average household income of $147,000 within a one-mile radius—double the national average. The center's tenant mix includes a complementary selection of national, regional, and local retailers. Its adjacency to the $1.5 billion Grandscape mixed-use project, featuring high-end hotels, offices, apartments, and retail (including a 560,000 square foot Nebraska Furniture Mart), further enhances its value and potential. The 2.329-acre lot is situated in Denton County, Texas, with the address being 101 Castle Hills Dr, Lewisville, TX 75056. The asking price is $9,600,000. This property offers a rare combination of strong performance, prime location, and significant growth potential.