Aura Main Street_Property for Sale
Aura Main Street_Property for Sale

Aura Main Street

400 West Main Street, Lewisville, TX, 75057, US

Description

JLL, as selling agents, are pleased to present Aura Main Street, located at 400 W. Main Street, Lewisville, TX 75057. This unique investment opportunity is positioned at the heart of a vibrant community, offering a strategic advantage with direct access to North Dallas's prime employers and retail hubs.


Aura Main Street, constructed in 2025, is an institutional-quality asset featuring 325 units spanning over 262,255 square feet. The property boasts a robust lease-up with an occupancy rate of 96.9% as of September 2026, underscoring its strong market demand. Residents enjoy modern interior finishes, resort-style amenities such as a fitness lounge, cow-working spaces, and a Sky Lounge with skyline views, enhancing the live, work, play environment.


Strategically located near Interstate 35E and Sam Rayburn Tollway, Aura Main Street provides seamless connections to prominent business centers like Legacy Business Park and major retail destinations such as Legacy West and Grandscape. Additionally, its proximity to Medical City Lewisville and Old Town Lewisville adds considerable appeal, supported by the area's affluent demographics with a $93,535 average resident income and significant population growth.


This investment proposition offers prospective buyers the chance to acquire a newly constructed, best-in-class asset at a discount to replacement cost. The property demonstrates a compelling opportunity for value creation through robust rental growth potential with renewals averaging 15% increases. Anchored in a thriving community with comprehensive amenities and strategic location advantages, Aura Main Street promises stable cash flow and long-term appreciation.

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Attributes

Units
325
Occupancy
96.9%
Year built
2025
Building area net
262,255 sf
Building class
A
Parking spaces
546

Media

Investment highlights

  1. 96.9% occupancy rate ensures stable cash flow from the get-go
  2. Strong rental growth with 15% average renewal increase in 2026
  3. Strategic proximity to top employers and retail; boosts demand
  4. Averaging 21 leases/month; strong leasing velocity signifies demand
  5. Located in an area with 31% population growth within 1-mile
  6. Within top 4% of school districts in TX and the nation
  7. $93,535 avg. household income; affluent tenant base
  8. Selling below replacement cost, presenting a value-add opportunity
  9. $5.5M expansion at Medical City Lewisville; boosts area appeal
Aura Main Street 4_Property for Sale
Aura Main Street 4_Property for Sale

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Last updated Sep 4, 2026