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3517 Windhaven Pky - Sojourn at the Realm 7,871 SF Retail Condo Unit Offered at $3,045,000 in The Colony, TX 75056
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.50% |
| Sale Type | Investment |
| Cap Rate | 6.50% |
Description
GROUND FLOOR RETAIL - Investors will appreciate the property’s position within The Realm at Castle Hills, a 324-acre master-planned community adjacent to the $1.5 billion Grandscape development, which includes high-end hotels, offices, and entertainment venues. With a 6.50% cap rate and NOI of $197,705, Sojourn Retail offers a rare opportunity to acquire a fully stabilized, Class A retail asset in one of the fastest-growing submarkets in the Dallas-Fort Worth Metroplex.
Sale Notes
Sojourn Retail presents a premier investment opportunity in the heart of Castle Hills, one of North Dallas’ most dynamic master-planned communities. This 7,871 SF retail condominium is 100% leased to a complementary mix of tenants under long-term NNN leases, providing stable cash flow and minimal landlord responsibilities. Built in 2021, the property features modern construction and is strategically positioned on the ground floor of a luxury mixed-use development, creating strong synergy between retail, residential, and multifamily components.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 7,871 SF | Retail | $3,045,000 ($386.86/SF) | $197,925 |
Unit 1
| Unit Size |
| 7,871 SF |
| Condo Use |
| Retail |
| Price |
| $3,045,000 ($386.86/SF) |
| NOI |
| $197,925 |
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Unit 1
| Unit Size | 7,871 SF |
| Condo Use | Retail |
| Price | $3,045,000 ($386.86/SF) |
| NOI | $197,925 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Description | |
| GROUND FLOOR RETAIL - Investors will appreciate the property’s position within The Realm at Castle Hills, a 324-acre master-planned community adjacent to the $1.5 billion Grandscape development, which includes high-end hotels, offices, and entertainment venues. With a 6.50% cap rate and NOI of $197,705, Sojourn Retail offers a rare opportunity to acquire a fully stabilized, Class A retail asset in one of the fastest-growing submarkets in the Dallas-Fort Worth Metroplex.</li></ul> | |
| Sale Notes | |
| Sojourn Retail presents a premier investment opportunity in the heart of Castle Hills, one of North Dallas’ most dynamic master-planned communities. This 7,871 SF retail condominium is 100% leased to a complementary mix of tenants under long-term NNN leases, providing stable cash flow and minimal landlord responsibilities. Built in 2021, the property features modern construction and is strategically positioned on the ground floor of a luxury mixed-use development, creating strong synergy between retail, residential, and multifamily components.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 57,884 SF | Floors | 1 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,576 SF |
| Property Subtype | Apartment | Year Built | 2020 |
| Building Class | B | Lot Size | 2.84 AC |
| Total Building Size | 57,884 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 11,576 SF |
| Year Built | 2020 |
| Lot Size | 2.84 AC |
Amenities
Site Amenities
- Controlled Access
- Fitness Center
- Pool
- Package Service
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 56 | - | 1,051 - 1,695 |
| 2+1 | 16 | - | 1,051 - 1,695 |
| 3+1 | 9 | - | 1,051 - 1,695 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
3517 Windhaven Pky - Sojourn at the Realm