oopNet Listing Title
Retail / Flex Space for Lease Near I-35E | Units 507 & 509 | $13.00/SF NNN
Property Description
Position your business in a highly accessible commercial property at 500 S. Lake Dallas Drive in Lake Dallas, Texas. Units 507 and 509 are now available for lease at a competitive base rental rate of $13.00 per square foot annually, NNN.
The property is located near Interstate 35E, providing convenient access to Lake Dallas, Hickory Creek, Corinth, Denton, Lewisville, and the surrounding North Texas communities. With approximately 200 feet of frontage on S. Lake Dallas Drive, prominent storefront exposure, convenient customer parking, and flexible commercial zoning, the property is well suited for a variety of retail, office, service, fitness, studio, showroom, educational, or light commercial uses, subject to city approval.
The approximately 9,960-square-foot multi-tenant building sits on approximately 1.05 acres and offers ceiling heights ranging from approximately 14 to 16 feet. The center has an established tenant mix and benefits from its proximity to the rapidly growing I-35E corridor.
Recent property improvements include exterior paint, attractive metal awnings and stone accents, a resurfaced parking lot, updated HVAC units, a newer roof, fencing, and secured gated parking. These improvements provide tenants with a professional and well-maintained setting for serving customers and operating their businesses.
Available Spaces
Unit 509
Approximately 1,380 square feet
Unit 507
Flexible suite configuration available. The previous offering memorandum identifies portions of Unit 507 ranging from approximately 1,710 square feet to 2,350 square feet, with the potential for a larger combined configuration, subject to current availability and final measurement.
Lease Rate: $13.00/SF annually
Lease Type: Triple Net — NNN
Availability: Immediate or negotiable
Zoning: C-3 with IH-35E Corridor Overlay
Parking: Ample surface parking with secured gated parking available
Property Highlights
Convenient access to Interstate 35E
Approximately 200 feet of frontage on S. Lake Dallas Drive
Highly visible storefronts with exterior signage opportunities
Approximately 14- to 16-foot ceiling heights
Flexible C-3 commercial zoning with IH-35E Corridor Overlay
Ample customer and employee parking
Secured gated parking area
Established multi-tenant commercial center
Updated exterior, roof, HVAC systems, fencing, and parking lot
Strong accessibility to Lake Dallas, Denton, Corinth, Hickory Creek, and Lewisville
Suitable for retail, office, fitness, studio, service, educational, showroom, and other commercial uses
Location Description
500 S. Lake Dallas Drive is strategically positioned near the I-35E corridor in the growing Lake Dallas area. The property serves residents and businesses throughout Lake Dallas, Hickory Creek, Corinth, and the greater Denton County market while maintaining convenient regional access to Lewisville and the Dallas–Fort Worth Metroplex.
The offering memorandum reports historical traffic counts of approximately 122,014 vehicles per day along I-35E and approximately 5,349 vehicles per day directly in front of the property. Prospective tenants should independently confirm current traffic counts and permitted uses.
Contact the listing representative today to confirm suite dimensions, estimated NNN expenses, permitted use, availability, and to schedule a private property tour.
Ben Amini
Bbh Capital Investments Llc
