2521 Stemmons FwyLewisville, TX 75067

Property Details for 2521 Stemmons Fwy

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.93 AC

Property size (Sq ft)

18,509 SF

Property type

Commercial real estate

APN

R209322

APU

R209322

Description

This exceptional investment opportunity presents a 19,000-square-foot retail storefront in Lewisville, Texas, situated on a 2.07-acre lot. The property boasts a 15-year absolute NNN lease with Tailored Brands, a leading omnichannel menswear retailer with over 1,000 stores globally and annual revenue exceeding $2.9 billion. The lease features a $18.00 per square foot rental rate and 2% annual rent bumps, providing predictable income growth. The property is 100% occupied and generates a net operating income (NOI) of $342,000. Built in 1999, this single-story building benefits from a prime retail location in the Dallas-Fort Worth MSA, with convenient access to Interstate 35E and the Sam Rayburn Tollway. The surrounding area boasts high household incomes and a substantial population base. The lease includes four, five-year renewal options, further enhancing the long-term value and stability of this investment. This sale-leaseback transaction offers a secure and lucrative opportunity for investors seeking a strong, established tenant with a proven track record. The property is fee simple ownership.

• Alternative Use

  Use

  Valuation

  Residential

  $3,876,537

  Hospitality

  $3,550,887

  Educational

  $2,954,296

  Medical

  $3,055,899

  Retail

  $4,595,572

Location Insight

City

Lewisville

County

Denton

State

Texas

Latitude

33.0012

Longitude

-96.9642

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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