Technical
Financial
Distress signals
Property profile

291 E Round Grove Rd Lewisville, TX 75067

FOR LEASE
Strip malls
Property ID
US83-1987106
36,721 SF Built 1999
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

Vista Park Shopping Center, located at 291 E. Round Grove Rd., Lewisville, TX 75067, presents a compelling investment opportunity in a thriving Denton County market. This Class A, 36,721 square foot anchorless strip center, built in 1999, offers exceptional visibility and accessibility. The property sits on a 3.65-acre lot and boasts a prime location fronting a major thoroughfare (Highway 3040) and is situated near The Vista Mall, ensuring high foot traffic and brand recognition. The center is comprised of a single building and offers flexible space options, with a minimum divisible unit size of 984 square feet and a maximum contiguous space of 8,643 square feet. Five spaces are currently available, providing opportunities for a variety of retail businesses. This well-maintained property offers an excellent chance to establish or expand a retail presence in a high-demand area of Lewisville, Texas. The property's strategic location and flexible space options make it an ideal choice for businesses seeking strong visibility and convenient access for customers.

Property profile

Verified
Property type Strip malls
Year built 1999
Total area 36,721 SF
UPID US83-1987106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Restaurant
  • Nail Salon
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

291 E Round Grove Rd Lewisville, TX 75067
Lewisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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