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Shopping Center Under Construction
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600 Rowlett Road, Garland, TX 75043

Planned suite layouts accommodate grocery, retail, and restaurant uses, with build-to-suit options available during construction.

Property Size7,640 SF
Price / SF$0.00
Days on Market2

Property Features for 600 Rowlett Road

General Information

Standard status Active
Size 7,640 SF
Property subtype Retail
Zoning CR

Additional Details

Road Access Yes

Building Details

Year Built 2026
Listing Agency: Beam Real Estate, LLC
Listed By: Anjali Michael · License #0800765
Source: Ember-realty
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 2:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beam Real Estate, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

A 7,640-square-foot shopping center is under construction at 600 Rowlett Road in Garland. The planned layout includes three suites: a grocery space of approximately 5,167 square feet, a retail suite of approximately 958 square feet, and a restaurant space of approximately 1,500 square feet. Build-to-suit options include custom utility routing for grease traps and high-capacity HVAC. The stated year built is 2026, and the property is zoned CR (Community Retail).

The site fronts Rowlett Road and includes parking, customer and delivery access, and convenient ingress and egress. The surrounding area includes established neighborhoods and national retailers. Within a 3-mile radius, the stated population exceeds 150,000 and daytime employment exceeds 60,000.

Key Highlights

  • 7,640 SF shopping center, with construction underway and a stated 2026 year built
  • Three planned suites: Grocery ±5,167 SF, Retail ±958 SF, and Restaurant ±1,500 SF
  • CR (Community Retail) zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,931
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,458,620 $2.5M
Cap Rate 7%
$1,756,157 $1.8M
Cap Rate 9%
$1,365,900 $1.4M
Market Conditions
NOI Build-Up for 7,640 SF
Gross rent
$184.3K $24.12/SF
− Vacancy
−$8.7K −$1.13/SF
EGI
$175.6K $22.99/SF
− OpEx
−$52.7K −$6.90/SF
NOI
$122.9K $16.09/SF
Area
Garland, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,458,620
Cap Rate 7%
$1,756,157
Cap Rate 9%
$1,365,900

Alternative Uses

Best Use
Specialty Retail
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,574 @ 7.0% cap · market cap 548,225.00%
Second Best
Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,931 @ 7.0% cap · market cap 512,212.50%
Theoretical Best
Office A
$9.17M
$8.02M – $10.70M (±1% cap)
NOI $641,716 @ 7.0% cap · market cap 2,673,816.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby
302k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 38% Dining 35% Shops & Services 12% Groceries 12%
Walmart Superstores
114,402 visits/mo 0.5 miles
Albertsons Groceries
24,213 visits/mo 0.2 miles
Braum's Ice Cream & Dairy Stores Dining
18,203 visits/mo 0.3 miles
Whataburger Dining
16,205 visits/mo 0.2 miles
Taco Bell Dining
13,972 visits/mo 0.2 miles

Demographics for 75043, TX

63,973
Population
23,439
Households
2.7
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
4,352
Density / Sq Mi
$75,454
Median Household Income
$39,062
Median Earnings
$1,467
Median Rent
$253,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

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Frequently Asked Questions

What type of property is this?
Shopping center - Planned suite layouts accommodate grocery, retail, and restaurant uses, with build-to-suit options available during construction.
Where is this shopping center located?
The property is located at 600 Rowlett Road Garland, TX.
What are key features of this property?
This property features: 7,640 SF shopping center, with construction underway and a stated 2026 year built; Three planned suites: Grocery ±5,167 SF, Retail ±958 SF, and Restaurant ±1,500 SF; CR (Community Retail) zoning
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