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Millennium Retail Center 721 Hebron Pky
1,363 - 5,963 SF of Retail Space Available in Lewisville, TX 75057
Highlights
- Great access & visibility at high-traffic, regional intersection I-35 & Hebron Parkway
- Dense surrounding daytime population
- Anchored by Super Target, Dick’s Sporting Goods, and Party City
- In close proximity to Music City Mall [±1,000,000 SF enclosed shopping mall anchored by JC Penney, Sears, Macy’s and Dillard’s].
- Centered around a growing and vibrant neighborhood
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 104/105 | 2,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 106 | 1,363 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 110 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
721 Hebron Pky - 1st Floor - Ste 104/105
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
721 Hebron Pky - 1st Floor - Ste 106
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
721 Hebron Pky - 1st Floor - Ste 110
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Millennium Retail Center
- Tenant
- Description
- US Locations
- Reach
- Starbucks
- Coffee
- 20,988
- International
| Tenant | Description | US Locations | Reach |
| Starbucks | Coffee | 20,988 | International |
PROPERTY FACTS FOR 721 Hebron Pky , Lewisville, TX 75057
| Center Type | Strip Center | Gross Leasable Area | 16,898 SF |
| Parking | 85 Spaces | Total Land Area | 1.46 AC |
| Center Properties | 1 | Year Built | 2002 |
| Center Type | Strip Center |
| Parking | 85 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 16,898 SF |
| Total Land Area | 1.46 AC |
| Year Built | 2002 |
About the Property
For Lease - Millennium Retail Center - 721 Hebron Pkwy. - Lewisville, TX • Space Available: Ø Unit 110 - 2,000 SF (Former Cash Store) • Photos: https://mreis.box.com/s/y0jmd3ksp4jxzhj2otjswy2s9obnkq16 Ø Unit 104/105 - 2,600 SF Ø Unit 106 - 1,363 SF (2nd Gen Restaurant) Ø Unit 103 - 1,657 SF (2nd Gen Restaurant) • Asking $20s PSF + $8 PSF NNN Flyer -https://www.matthews.com/properties/leasing-millennium-retail-center-lewisville-tx/
Nearby Major Retailers
-
Oliver Willman -
Baylor Worman -
Matthews Real Estate Investment Services
Presented by
Millennium Retail Center | 721 Hebron Pky
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