Neighborhood Shopping
New
For Sale
$1,787,000
632 N Rockwall Ave, Terrell, TX 75160
A multi-tenant retail property with established anchor businesses and space available for lease.
Property Size31,766 SF
Lot Size2.85 Acres
Price / SF$56.26
Days on Market2
Property Features for 632 N Rockwall Ave
General Information
Standard status
Active
Size
31,766 SF
Lot size
2.85 Acres
Property subtype
Shopping Strip
Occupancy
79%
Site & Location
Anchor Co-Tenants
Dollar General, Max Slayton Funeral Home
Highway Access
Yes
Additional Details
Cap Rate
5.76%
Amenities
VALUE-ADD UPSIDE THROUGH LEASE-UP
79% OCCUPIED | LONG-TERM TENANT COMMITMENT
LONG-STANDING DOLLAR GENERAL TENANCY | 30+ YEARS AT THE PROPERTY
SUBSTANTIAL RESIDENTIAL & MIXED-USE DEVELOPMENT UNDERWAY IN TERRELL
LOW ACQUISITION BASIS | $56.26 PER SQUARE FOOT
Building Details
Building Size
31,766 SF
Year Built
1963
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Philip Levy · License #License(s): TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 2:45AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Terrell Square is a 31,766-square-foot retail center on approximately 2.85 acres at 632 N Rockwall Ave in Terrell. Built in 1963, the property is 79% occupied and includes 6,628 square feet of available space. Dollar General and Max Slayton Funeral Home are the center’s anchors; Dollar General has operated at this location for more than 30 years.
The center is north of historic downtown Terrell, with access to U.S. Highway 80 and Interstate 20. It is located in Kaufman County, within the eastern DFW market.
The center is north of historic downtown Terrell, with access to U.S. Highway 80 and Interstate 20. It is located in Kaufman County, within the eastern DFW market.
Key Highlights
- 31,766‑square‑foot retail center on approximately 2.85 acres
- 79% occupied, with 6,628 square feet available
- Anchored by Dollar General and Max Slayton Funeral Home
Property Analytics
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Current Use
Lease Details
79%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 40%
Electronics 2%
Taco Bell
Dining
12,021 visits/mo
0.4 miles
Shell
Shops & Services
11,305 visits/mo
0.5 miles
SONIC Drive In
Dining
9,047 visits/mo
0.4 miles
Dollar General
Shops & Services
8,940 visits/mo
0.3 miles
Wells Fargo
Shops & Services
7,303 visits/mo
0.4 miles
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - A multi-tenant retail property with established anchor businesses and space available for lease.
Where is this shopping center located?
The property is located at 632 N Rockwall Ave Terrell, TX.
What is the asking price?
The asking price for this property is $1,787,000.
What are key features of this property?
This property features: 31,766‑square‑foot retail center on approximately 2.85 acres; 79% occupied, with 6,628 square feet available; Anchored by Dollar General and Max Slayton Funeral Home
