Millenium Shopping Centre - Availability Details

721 Hebron Parkway, Lewisville, TX 75067

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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Location

Getting around

  • 54/100 Walk Score ®
  • 59/100 Bike Score ®
Powered by Walk Score ®
  • City Lewisville, TX
  • Neighborhood Lakepointe Crossing
  • Zip Code 75067
  • Market Dallas Fort Worth

Points of Interest

DFW Airport North

7.21 miles

DFW Airport

8.21 miles

DFW Airport Terminal B station

8.30 miles

C2-C19

8.59 miles

B1-B19

8.61 miles

C20-C39

8.83 miles

D23-D40

8.84 miles

Royal Lane

9.20 miles

Irving Convention Center

9.39 miles

Tower 909

9.94 miles

Coppell Market Center

1.98 miles

Wonderland Montessori Academy of Carrollton - Tesla Destination

2.35 miles

eVgo

2.72 miles

Kroger Fuel Center

4.42 miles

Chevron

4.56 miles

OLYMPUS 12

5.00 miles

OLYMPUS 6

5.09 miles

AZ STATION 01 STATION 2

5.21 miles

OLYMPUS 4

5.24 miles

Shell

5.47 miles

Nationstar Mortgage Parking

2.14 miles

Nationstar Mortgage Convergence Parking

2.23 miles

Doggie's Wonderland Parking

3.68 miles

visitor parking

7.39 miles

Terminal A Parking Garage

8.30 miles

Terminal C Parking Garage

8.77 miles

Express South

9.32 miles

JC Penney Parking Garage South

9.49 miles

Parking A

9.62 miles

CoServ

9.95 miles

Open Rice Asian Bistro

0.05 miles

On The Border

0.81 miles

Five Guys

0.89 miles

Cava

3.25 miles

McDonald's

3.47 miles

Steak 'n Shake

5.46 miles

Taco Bell

6.07 miles

Texas Roadhouse

6.15 miles

Urban8 Food Court

6.68 miles

Mesa

7.36 miles

Ross

0.19 miles

Music City Mall Lewisville

0.55 miles

Sprouts Farmers Market

3.13 miles

Kohl's

3.30 miles

Aldi

3.66 miles

ALDI

4.42 miles

Grapevine Mills

5.24 miles

Albertsons

5.30 miles

Ross

5.39 miles

Walmart Neighborhood Market

5.96 miles

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

Contact Millenium Shopping Centre

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