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Millenium Shopping Centre Listing Details & Market Data

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

  • Walk Score ® Somewhat Walkable (54)
  • Bike Score ® Bikeable (59)
Powered by Walk Score ®
  • City Lewisville, TX
  • Neighborhood Lakepointe Crossing
  • Zip Code 75067
  • Market Dallas Fort Worth

Points of Interest

Downtown Carrollton

5.24 miles

A8-A21

8.15 miles

B20-B49

8.38 miles

A22-A39

8.41 miles

C2-C19

8.59 miles

B1-B19

8.61 miles

E2-E16

9.03 miles

E17-E38

9.29 miles

North Lake College

9.34 miles

Urban Towers

9.75 miles

RaceTrac

0.83 miles

Coppell Market Center

1.98 miles

Wonderland Montessori Academy of Carrollton - Tesla Destination

2.35 miles

eVgo

2.72 miles

7-Eleven

3.38 miles

Sam's Fuel

3.52 miles

S&S Texaco

3.88 miles

MAVHARLEY DCFAST HOG

4.23 miles

OLYMPUS 12

5.00 miles

OLYMPUS 10

5.01 miles

Nationstar Mortgage Convergence Parking

2.23 miles

Doggie's Wonderland Parking

3.68 miles

Cimarron Parking Lot

5.59 miles

Parking Garage

7.73 miles

Terminal A Parking Garage

8.30 miles

Terminal B Park and Ride

8.37 miles

DFW Hyatt Regency Parking Garage

8.74 miles

Terminal D Parking Garage

8.88 miles

JC Penney Visitors Parking South

9.39 miles

JC Penney Visitors Parking North

9.40 miles

Schlotzsky's

0.72 miles

The Shot Spot Bar & Grill

1.58 miles

Wendy's

3.93 miles

Wendy's

4.13 miles

Hard Eight BBQ

4.52 miles

Jimmy John's

5.81 miles

Mooyah Burgers

6.21 miles

McDonald's

6.31 miles

Taco Bueno

6.53 miles

Urban8 Food Court

6.68 miles

Marshalls

0.45 miles

Music City Mall Lewisville

0.55 miles

Walmart Neighborhood Market

3.14 miles

Kroger

3.32 miles

Walmart Supercenter

4.03 miles

ALDI

4.42 miles

Tom Thumb

5.08 miles

Grapevine Mills

5.24 miles

Kohl's

6.36 miles

ALDI

6.75 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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