Investment Highlights

Premier Grocery Anchor Location in Dallas/Ft. Worth.

Revitalized and shadow-anchored by a newly opened 49,000 square foot Fiesta grocery store, Valley Square is a very well-established shopping center with 57,812 square feet of shallow bay depth space and twenty-one (21) service-oriented/internet-resistant retail tenants and restaurants. Built in 1983, Valley Square benefits from tremendous traffic flow at the center and maintains signalized ingress/egress across Main Street with direct access and consistent customer traffic from Walmart and Sam’s Club stores. Valley Square is strategically located between Medical City-Lewisville (full-service, acute care hospital licensed for 186 beds) and Lewisville High School, one of the largest public high schools in Texas.

Exceptional Household Incomes and Strong Population Densities.

Within a 3-mile radius, average household incomes surrounding Valley Square exceed $131,932 with more than 119,038 residents. Within a 1-mile radius, average HH incomes exceed $99,538 with more than 17,777 people with 2.45% projected annual income growth in years 2023-2028. Average HH incomes exceed $138,984 and population exceeds 206,217 residents within a 5-mile radius of Valley Square.

Substantial 10-Year NOI Growth/Mark-to- Market Rents.

At 100% leased, Valley Square presents an enormous opportunity to continue rolling up rents at much higher levels. Over 57% of the existing tenants have rent escalations during their current lease terms and over half of the existing tenants do not have renewal options or have FMV options. During a 10-year hold period, the compound annual growth rate (CAGR) exceeds 5.0% based on organic rent growth and taking advantage of actionable mark-to-market rent increases. Average annual base rents are $18.53 per square foot and considered materially below-market for Class ‘A’ retail and restaurant space located within the Lewisville submarket. Low average rents will allow an investor the opportunity to acquire Valley Square at a significant discount to replacement cost.

Excellent Visibility and Access.

Valley Square is located at the southwest quadrant of Interstate 35 and W. Main Street (FM 1171) in Lewisville and features two (2) key traffic signals at the center. Valley Square features seven (7) points of ingress and egress throughout the shopping center with two (2) large multi-tenant pylon signs providing maximum tenant exposure. More than 230,256 vehicles pass by the center each day.

New Roof Installed with Warranty.

Ownership installed a new roof in 2022 over the entire shopping center. The new roof includes a 10 year, transferable warranty. In June 2024, the entire concrete parking lot was re-striped.