The Shoppes at Lakeview
4724 Lakeview Pkwy, Rowlett, TX, USA
Offering Details
Investment Overview
STONECLIFF is pleased to present the exclusive listing for a The Shoppes at Lakeview located at 4724 Lakeview Pkwy, Rowlett, TX 75088. The site consists of roughly 7,380 rentable square feet of retail space on an estimated 0.99-acre parcel of land. Multi-tenant development is subject to a 10-year Absolute Triple Net (NNN) Lease with 8+ Years Remaining. The annual rent is $301,560 with scheduled 10% rental increase Every 5 Years.
- 01Affluent & Growing Trade Area
Over 68,700 residents within 3 miles earn an average household income of ~$136,000. Rowlett’s population has grown nearly 13% since 2020, now approaching 71,000 citywide at ~1.93% annual growth, fueled by strong suburban demand within the Dallas–Fort Worth MSA.
- 02Premier Retail Corridor with National Co-Tenancy
Hwy 66/Lakeview Parkway is Rowlett’s primary east-west commercial artery, carrying up to ~40,969 vehicles per day and lined with dominant national tenants including Walmart Supercenter, The Home Depot, Target, Ross, LA Fitness, Walgreens, and CVS.
- 03Deep 5-Mile Consumer Base
More than 198,000 residents within 5 miles, with an average household income exceeding $120,000 and a citywide median of $112,000 — reflecting a financially resilient customer base with strong spending power.
- 04Improving Regional Connectivity
TxDOT’s active widening of I-30 at the Lake Ray Hubbard crossing — expanding to eight mainlanes with new frontage roads — enhances regional accessibility, while the site’s location within 20 miles of downtown Dallas supports long-term rent growth and occupancy stability.