Brittany Kelley
KYLE — Following a chance to own her own property after years of renting, LT Commercial Group CEO Lezlie Tram Le partnered with the creators of Dacy Business Park to bring the same opportunity to other small business owners.
The project began two years ago with a site plan, said Le, when one of the owners called her and asked for help marketing and leasing it to the right audience, which, for her, was small business owners, due to her own experience.
“The most challenging thing for a small business, not the large, is to find a place that has reasonable rent or to find a place of their own,” she said. “You have cash flow on the business, but then, you don’t own the real estate. … When I started in other businesses that I have run before, I rented it and then, I put money into it. Then, when I moved out or I sold the business, there was nothing else. You don’t get to capture the appreciation over time.”
The first time that Le was able to purchase a space for herself, she was later able to sell it for double the amount she paid, which is something many are unable to experience, as creating wealth for those leasing the business isn’t the goal for large developers. Instead, she explained that they aim to have clients rent their facility, so they’re essentially paying the rent of the property for them, while they have cash flow coming in every month.
Often in these leases, the building owner will adjust the rent to the market rate, which the client has no control over, but if they were to own property themselves, their monthly charge would be fixed.
The park, located at 3300 Dacy Lane in Kyle, is comprised of 13 buildings with more than 130,000 square feet of flexible and commercial space. Phase 1 was completed in 2025, but Phase 2 finished construction in February 2026, with options for purchasing now available. Additionally, two more phases are set for construction in the third quarter of 2026 and the first quarter of 2027.
The reason for the separation in phases, explained Le, was to adhere to business needs. For example, after constructing the first phase, which consisted of a 19-foot ceiling, owners were asking for more opportunities for storage. So, Phase 2 has heightened the facilities to 24 feet, along with wider and taller garage doors.
Le shared that the easiest way to be approved for the property is to have leasing history, as they “just want to make sure the businesses that are going in [the park] have the capability to sustain. So, what I mean by that is, if you already currently have a business [and] you have income coming in already, we qualify them by looking to see how much income is coming in and how much they can afford for the rent, as a percentage within your income on your business plan.”
Although the goal is to bring ownership to business owners, those that may not feel ready can still choose to participate in a leasing agreement until they want to proceed with purchasing a building.
Le shared that she has sat down with local municipal economic developers to begin creating more opportunities for small businesses and finding a space for them.
“[As a] small business owner, you don’t have the ability to play the bigger game, like the big developer or the bigger company does,” she stressed. “So, creating a vehicle to capture and keep the small businesses in our community, that’s what I’m passionate about and that’s what our team is passionate about.”
For more information on the Dacy Business Park, visit www.dacybusinesspark.com.
