Flower Mound, Texas, offers a unique opportunity for investors to capitalize on the growing demand for retail properties. With its strategic location approximately 20 miles northwest of Dallas and 25 miles northeast of Fort Worth, Flower Mound provides easy access to major highways and the DFW airport, making it an attractive location for businesses and residents alike. Retail properties in Flower Mound can represent a range of investments, from small strip centers to larger shopping complexes, offering a diverse portfolio of opportunities for investors. The town's amenities, including its extensive trail system, public parks, and recreation facilities, make it an desirable location for families and young professionals, driving demand for retail services. Additionally, the presence of major employers such as the Lewisville Independent School District and Adeptus Health contributes to the town's economic stability. With its growing population of around 80,000 residents, Flower Mound is an excellent location for retail investors looking to tap into a growing market.
Currently, there are 11 retail properties for sale in Flower Mound, offering a range of options for investors. The average price per square foot for retail properties in Flower Mound is $595 USD, with an average size of 6,622 square feet. The largest retail property available for sale is 24,290 square feet. In addition to retail properties, Flower Mound also offers a range of other property types, including shopping centers, restaurants, office properties, and hotels. Shopping centers in Flower Mound offer a range of retail and dining options, while restaurants in the area cater to a diverse range of tastes and cuisines. Office properties in Flower Mound are home to a range of businesses, from small startups to larger corporations, and hotels in the area provide convenient accommodations for visitors and business travelers. With its growing economy and diverse range of property types, Flower Mound is an excellent location for investors looking to diversify their portfolio.
What is the average cap rate for retail properties in Flower Mound?
When it comes to investing in retail properties in Flower Mound, understanding the average cap rate is crucial. The average cap rate for retail properties in Flower Mound is 5.81%, which can help investors gauge the potential return on investment; for a more in-depth understanding of this concept, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Flower Mound, Texas, the location and foot traffic of retail properties significantly impact their values. For instance, retail properties situated near major transportation hubs like U.S. Route 377 and farm-to-market roads FM 1171 and FM 2499, which provide easy access to Dallas and Fort Worth, tend to have higher values due to increased foot traffic and visibility.
