Investment Overview

Lewisville Village is a 100 percent occupied, 24,290-square-foot retail center located in Lewisville, Texas. All leases are triple-net. Tenants are a complementary mix of internet-resistant, service-oriented businesses, including Rusty Anchor Bar & Grill, American Masters Martial Arts, Jin's Massage, State Farm, Pawsome Pets, Fitzgerald Jewelry, Motor City Pizza, Event Center, SI Computers, and Village Motors. Additional income is derived from a long-term lease with JPMorgan Chase ATM located in the subject property's parking lot. Constructed in 1986, the center is situated on a 2.86-acre parcel with a concrete parking lot. A double-sided pylon sign provides additional exposure to the center. Lewisville Village is located on FM407/Justin Road near the signalized intersection with North Garden Ridge Boulevard. Traffic counts in front of the property are approximately 31,703 vehicles per day. Numerous national and regional retailers are in the surrounding area, including Walmart Neighborhood Market, 7-Eleven, Goody Goody Liquors, Domino's Pizza, Wells Fargo Bank, CVS Pharmacy, Sonic Drive-In, QuikTrip, McDonald's, Walgreens, Tom Thumb, Lowe's, Walmart and many more. The surrounding area benefits from excellent demographics, serving a population of more than 180,937 residents within a five-mile radius. The average household income is $112,586 within one mile; $108,808 within three miles; and $114,457 within five miles.