Lockard has finalized the sale of a 5.34 acre parcel of land located in our Teasley Town Square shopping center to Wal-Mart Stores, Inc. (Walmart). The new Walmart Neighborhood Market, which is less than one-quarter the size of an average Walmart Supercenter, will be located at the southwest corner of Teasley Lane (F.M. 2181) and Ryan Road in Denton, TX.
The 41,179 SF store builds upon the partnership Lockard has enjoyed with Walmart. “We are excited to welcome the new Denton Walmart Neighborhood Market to the shops at Teasley Town Square,” stated David Wilson, CCIM, executive vice president for Lockard. “Walmart works hard to create strong ties to the community and will provide hundreds of new jobs as well as economic opportunity for Denton and the surrounding area.”
Teasley Town Square is located at the intersection of Teasley Lane and Ryan Road in Denton, TX. The 13.5 acre shopping center has spaces available for lease in the retail center next to Walmart, and outparcels available for sale, build-to-suit, or lease.