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33964054
33963448

1601 Cross Timbers Road, Flower Mound, TX 75028

RN
TX 843311
Equitify
HA
TX 841661-SA
Equitify
Listed by Equitify
$7,633,350
3 days on market
Updated 0 days ago

1601 Cross Timbers Road

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,953
Net Rentable (SqFt) 16,953
Cap Rate 5.11%
NOI $390,000
Occupancy 60%
Brand/Tenant Total Care Urgent Care
Lease Type NNN
Pro-Forma Cap Rate 8.38%
Pro-Forma NOI $639,394
Price per SqFt $450
Class A
Year Built 2026
Acreage 1.940
Zoning Commercial
Parking Spaces 83 spaces
Parking Per SqFt 4.90
Investment Type Value Add
Tenant Credit Corporate Guarantee
Ground Lease No

VALUE ADD SHOPPING CENTER - PRIME LOCATION (60% Leased)

Marketing description

1601 Cross Timbers Road is a premier 16,959-square-foot retail center strategically positioned at the signalized hard corner of Cross Timbers Road and Arrowhead Drive in the heart of Flower Mound, Texas. Constructed in 2024 and situated on approximately 1.94 acres, the property features modern architecture, premium storefront design, ample parking, and exceptional visibility, creating an attractive destination for retail, medical, and service-oriented businesses. The center currently consists of 10,000 square feet leased to a corporate-guaranteed TotalCare Emergency Room, with an additional 6,959 square feet of divisible space available for immediate lease-up, offering investors stable in-place income and meaningful upside through future leasing activity.

The property is located within one of the most affluent and fastest-growing communities in the Dallas-Fort Worth Metroplex. Positioned directly across from Parker Square and surrounded by nationally recognized retailers including Kroger, Sprouts Farmers Market, CVS Pharmacy, Chase Bank, PNC Bank, Lifetime Fitness, and numerous restaurants and medical providers, the center benefits from outstanding consumer traffic and strong daily demand. Cross Timbers Road carries more than 31,900 vehicles per day, while the surrounding trade area includes more than 116,000 residents within three miles and average household incomes exceeding $160,000.

With its premier hard-corner location, corporate-guaranteed tenancy, modern construction, and value-add lease-up opportunity, 1601 Cross Timbers Road represents a rare investment opportunity combining stable cash flow with long-term appreciation potential in one of North Texas' most desirable retail markets.

Investment highlights

16,953-Square-Foot Newly Constructed Retail Center Completed in 2026

Premier Signalized Hard Corner Location at Cross Timbers Road & Arrowhead Drive in Flower Mound

Corporate-Guaranteed TotalCare Emergency Room Occupies 10,000 SF Providing Stable In-Place Income

Immediate Value-Add Opportunity Through Lease-Up of 6,959 SF of Divisible Retail, Medical, or Service Space

Excellent Visibility with More Than 31,900 Vehicles Per Day Along Cross Timbers Road

Located Directly Across from Parker Square, Flower Mound's Premier Retail and Dining Destination

Surrounded by National Retailers Including Kroger, Sprouts, CVS, Chase Bank, PNC Bank, Lifetime Fitness, and Numerous Restaurants

Affluent Demographics with More Than 116,000 Residents and Average Household Income Exceeding $160,000 Within Three Miles

Modern Construction Featuring Premium Architectural Finishes and Minimal Near-Term Capital Expenditure Requirements

Excellent Regional Accessibility via FM 2499, SH 121, and I-35E

Positioned Within One of Denton County's Strongest Retail Corridors with Continued Residential and Commercial Growth

Ideal Combination of Stable Corporate Income and Future NOI Growth Through Lease Stabilization

Listing Contacts

RN
TX 843311
Equitify
HA
TX 841661-SA
Equitify
Listed by Equitify

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$390,000.00
$32,500.00/mo

Valuation Metrics

0
DSCR
5.11%
Cap Rate
5.11%
ROI

Map

Zoning

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R2 CommercialRetail CommercialRetail District 2
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Rehan Nazar
License
84311
Brokerage
EquitiFy
Brokerage Phone
4697958074
Title
Broker of Record
Brokerage Address
555 Republic Dr, Plano, TX Ste 525
Name
Rehan Nazar
License
843311
Brokerage
Equitify Realty LLC
Brokerage Phone
214-722-0155
Title
Real Estate Salesperson
Name
Hisham Ahmad
License
841661-SA
Brokerage Phone
2147220155
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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