Venture completes sale of multi-tenant retail center near Grandscape

Sep 28, 2017

Venture Commercial Real Estate’s Investment Sales team has completed the sale of a 4,600 square-foot multi-tenant retail center located in Lewisville, adjacent to the 400+ acre Grandscape development owned by Berkshire Hathaway and anchored by Nebraska Furniture Mart. 

Located at 5020 State Highway 121, the building’s tenants are Potbelly Sandwich Shop and Burning Rice, a fast-casual Korean BBQ concept.  

John Zikos, Jonathan Cooper and Don Miller of Venture’s Investment Sales team represented the seller, NDC Holdings. The buyer, Mutyala Properties, LLC was represented by Meena Mutyala with Ilan Investments, LLC.

“Having partnered with the Venture team for more than 10 years now, I am pleased with their level of knowledge of the DFW retail market,” said Dave Carter, owner of NDC Holdings. “We have closed several transactions, consistently resulting in positive returns for NDC Holdings.”

About Venture Commercial 

Venture Commercial Real Estate is a leader in retail brokerage services throughout the Southwest and is dedicated to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition and investment sales. Venture also provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment team. Venture is the D-FW partner of X Team International, a network of retail real estate advisors with expertise across the U.S., Canada and Europe. For more information, visit venturedfw.com.