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3517 Windhaven Pky - Sojourn at the Realm 7,871 SF Retail Condo Unit Offered at $4,175,182 CAD in The Colony, TX 75056
Property Facts
| 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
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Island Kitchen
Site Amenities
- Controlled Access
- Fitness Center
- Pool
- Package Service
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Storage Space
- Elevator
1 Unit Available
Unit 1
| Unit Size | 7,871 SF | Sale Type | Investment |
| Price | $4,175,182 CAD | Cap Rate | 6.50% |
| Price Per SF | $530.45 CAD | NOI | $271,386.85 CAD |
| Condo Use | Retail |
| Unit Size | 7,871 SF |
| Price | $4,175,182 CAD |
| Price Per SF | $530.45 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $271,386.85 CAD |
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 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 |
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3517 Windhaven Pky - Sojourn at the Realm
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