101 E Corporate Drive, Lewisville, Texas 75067

$7,500,000
32,492
SqFt
List Price
$7,500,000
MLS#
14624835
Status
ACTIVE
Type
Commercial
Year Built
1985
Construction Status
Preowned
Acres
3.194
Living Area
32,492
County
Denton
City
Lewisville
Subdivision
Corporate 121 Retail Center

Property Description

We are pleased to present the opportunity to acquire a fully stabilized, multi-tenant retail center in a highly-desirable retail trade area in Lewisville. The strategic center is located on State Hwy 121 business and Corporate Dr in Lewisville, Texas. The center built in 1985, features unique tenants and a long stable history. 101 E Corporate Dr, is 96% occupied, and all leases are NNN. Tenants are a mix of local businesses, consisting of Hat Trick Grill, 1st Pharmacy, Dental and Medical office, Healthcare Provider , Insurance, Day Care, CPA and Beauty Supplies. New roof, upgraded HVAC, ample parking, The property has excellent visibility from SH-121, and benefits from tremendous daytime traffic. Excludes:

Additional Information

Unexempt Taxes
$47,891
Gross Annual Expenses
82000
Gross Annual Income
494000
Tenant Pays
Electricity, Gas
Lot Size
139,130
Acres
3.194
Lot Description
Other
Subdivided
No
Flooring
Carpet, Luxury Vinyl Plank, Other
Foundation
Other
Roof
Other
Building Stories
1
Walls
Brick, Metal
Ceiling Height Type
11 to 14 Feet
Street Utilities
All Weather Road
Heating Cooling
Central, Electric
Construction Material
Block, Brick, Concrete
Parking Garage
Common
Road Frontage Desc
City Street, Other
Possession
Closing/Funding
Building Sq. Ft.
32492
Number of units
14
Leasable Sq Ft
32492
Building Use
Bar/Taverns, Beauty/Barber, Church, Food Service, Medical, Office, Restaurant, Retail, Other
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Maxspurt Realty Inc.