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Park Lane Village 502 S Old Orchard Ln 2,000 - 6,432 SF of Retail Space Available in Lewisville, TX 75067
Highlights
- Heavy traffic (95-150 cars min) brought into the plaza daily
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 112 | 2,000-6,432 SF | 10’ - 12’ | Negotiable | $13.50 /SF/YR $1.13 /SF/MO $86,832 /YR $7,236 /MO | Triple Net (NNN) |
502 S Old Orchard Ln - 1st Floor - Ste 112
Space is divisible depending on tenant terms. Can subdivide between 2000-6500 SQFT
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- After Hours HVAC Available
- Finished Ceilings: 10’ - 12’
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 Park Lane Village
- Tenant
- Description
- US Locations
- Reach
- Dollar General
- Dollar/Variety/Thrift
- 23,908
- International
- Domino’s
- Pizza
- 9,589
- International
- Happy Nina Grooming Service
- -
- 1
- -
- Pedi Place
- MD/DDS
- 2
- Local
- Redeeming The Time Baptist Church
- -
- 1
- -
- Valero
- Gasoline Station
- 8,205
- International
| Tenant | Description | US Locations | Reach |
| Dollar General | Dollar/Variety/Thrift | 23,908 | International |
| Domino’s | Pizza | 9,589 | International |
| Happy Nina Grooming Service | - | 1 | - |
| Pedi Place | MD/DDS | 2 | Local |
| Redeeming The Time Baptist Church | - | 1 | - |
| Valero | Gasoline Station | 8,205 | International |
Property Facts
| Total Space Available | 6,432 SF | Center Properties | 1 |
| Min. Divisible | 2,000 SF | Frontage | 100’ on Old Orchard Lane |
| Center Type | Neighborhood Center | Gross Leasable Area | 33,521 SF |
| Parking | 159 Spaces | Total Land Area | 2.99 AC |
| Stores | 11 | Year Built | 1984 |
| Total Space Available | 6,432 SF |
| Min. Divisible | 2,000 SF |
| Center Type | Neighborhood Center |
| Parking | 159 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | 100’ on Old Orchard Lane |
| Gross Leasable Area | 33,521 SF |
| Total Land Area | 2.99 AC |
| Year Built | 1984 |
Features and Amenities
- Corner Lot
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Presented by
Meredith Ray Real Estate LLC
Park Lane Village | 502 S Old Orchard Ln
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