- For Sale Contact for pricing
- Property Type Retail
- Date Updated Apr 21, 2024
- Website millenium.sharplaunch.com
Avatar Investments has been exclusively retained to present the opportunity to acquire Millenium Shopping Centre (“The Property”), a _16,582_ SF solidified by investment-grade tenants with commercial leases. The property is located at the intersection of I-35E and Sam
Rayburn.
Lewisville, Texas, is a dynamic suburban community in the thriving North Texas region. Home to approximately 127,008 residents. Lewisville is a significant regional employer used by major corporations for both administrative headquarters and warehousing. With its location just
minutes from DFW International Airport, and straddling two major highways, Lewisville is perfectly positioned for easy access to the rest of North Texas and the world.
Major tenants include investment grade tenants like Starbucks, Masi Sushi, The Cash Store and Millenium dry cleaners with at least 5-7 years of terms left and very high potential for renewal
due to location. Refer to complete list in “Shopping_Complex_rent_roll” document.
The acquisition of Millennium shopping Centre offers investors a strong and stable passive income stream with the ability to stretch the yield via incremental rental increases. The location also has an advantage of high growth in property value.
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Highlights
- Long term leases, Triple net leases
- Located in high growth Texas suburb
- High traffic and central location
- High credit/Corporate backed long term leases
- Up to 12% annual return, 106% total return with appreciation in 5 years
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Contacts
Ani Gopalakrishnan
(469) 951-2644
Sharmatha Rajesh
(503) 887-8223
Location
Getting Around
-
Walk Score ®
67/100
Somewhat Walkable
-
Bike Score ®
59/100
Bikeable
- City Lewisville, TX
- Neighborhood Lakepointe Crossing
- Zip Code 75067
- Market Dallas Fort Worth
Points of Interest
-
Hebron
0.63 miles
-
North Carrollton/Frankford
2.27 miles
-
Old Town
2.75 miles
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Trinity Mills
3.21 miles
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Downtown Carrollton
5.24 miles
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Highland Village/Lewisville Lake
6.03 miles
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DFW Airport North
7.21 miles
-
Farmers Branch
7.44 miles
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A8-A21
8.15 miles
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Grapevine-Main Street
8.20 miles
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7-Eleven
0.09 miles
-
Exxon
0.68 miles
-
RaceTrac
0.83 miles
-
Costco Gasoline
0.91 miles
-
Valero
1.01 miles
-
Exxon
1.24 miles
-
Murphy USA
1.32 miles
-
Walmart
1.32 miles
-
INDIAN CREEK SIC1
1.38 miles
-
Exxon
1.41 miles
-
Nationstar Mortgage Parking
2.14 miles
-
Nationstar Mortgage Convergence Parking
2.23 miles
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Doggie's Wonderland Parking
3.68 miles
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Boat Trailer Parking
4.87 miles
-
Cimarron Parking Lot
5.59 miles
-
Start
6.13 miles
-
The Parking Spot
7.03 miles
-
DFW Airport North Station - Park and Ride
7.25 miles
-
Remote North
7.29 miles
-
visitor parking
7.39 miles
-
Mash Japanese Steak & Seafood
0.02 miles
-
Hebron Donuts
0.02 miles
-
Open Rice Asian Bistro
0.05 miles
-
Subway
0.06 miles
-
Long John Silver's
0.07 miles
-
Raising Cane's
0.07 miles
-
Taco Bell
0.08 miles
-
A&W
0.09 miles
-
KFC
0.09 miles
-
Jack in the Box
0.12 miles
-
Ross
0.19 miles
-
Target
0.20 miles
-
Can's
0.36 miles
-
Marshalls
0.45 miles
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Music City Mall Lewisville
0.55 miles
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Walmart Supercenter
1.43 miles
-
Market Street Coppell
1.97 miles
-
Kroger
2.77 miles
-
Tom Thumb
2.77 miles
-
Tom Thumb 1781
3.04 miles
Frequently Asked Questions
What is the total square footage of Millenium Shopping Centre?
Millenium Shopping Centre totals 16,582 square feet.
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