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    2642 - Multi Tenant Retail Royse City, TX 75189

    For Lease
    $36 SF/Yr

    Prime Retail Space, East DFW

    Lot size:
    8,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A, multi-tenant retail center in Royse City, Texas, offers 8,258 square feet of space, with 2,745 square feet currently vacant. Located at the southeast corner of Interstate 30 and FM 2642, this property boasts unparalleled visibility and accessibility. The building, constructed and renovated in 2022, features six suites ranging from 1,171 to 2,745 contiguous square feet, perfect for a variety of uses including restaurants, medical offices, automotive services, and other retail businesses. The 1.34-acre lot (58,209 sq ft) includes 84 parking spaces and benefits from a city-approved signage variance exceeding standard ordinances. Three-phase power and all wet utilities are installed. The property is zoned C2-Commercial and enjoys a favorable tax rate of $3 per square foot. Situated in a high-growth area, this location offers significant potential for businesses seeking exposure to a rapidly expanding population. The strategic location, at a key intersection with high traffic volume, provides exceptional access to a large trade area. This property presents a rare opportunity for businesses to establish a strong presence in a thriving East DFW market. The property is in Hunt County, Texas, with a 75189 zip code.

    Property Features for 2642 - Multi Tenant Retail

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,258 SF
    Class
    A
    Total Rate
    24774

    Building Details

    Year Built/Renovated
    2022/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 102
    Size
    1,574 SF
    Rate per SF
    $38
    Space
    Unit 101
    Size
    1,171 SF
    Rate per SF
    $44
    Space
    Unit 104
    Size
    1,384 SF
    Rate per SF
    $36
    Space
    Unit 106
    Size
    1,171 SF
    Rate per SF
    $44
    Space
    Unit 105
    Size
    1,574 SF
    Rate per SF
    $38
    Space
    Unit 103
    Size
    1,384 SF
    Rate per SF
    $36

    HighLights

    • Royse City is a high‑growth Texas market.
    • Adjacent to Royse City's top‑performing Buc‑ee's.
    • Excellent visibility to Buc‑ee's exiting traffic.
    • Situated on the morning traffic side of FM 2642.
    • High visibility from Interstate 30.
    • Exceptional traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Royse City
    County
    Hunt
    State
    Texas
    Longitude
    -96.293038954582
    Latitude
    32.978570769721

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, East DFW
    Where is this retail property located?
    The property is located at 2642 - Multi Tenant Retail Royse City, TX.
    What is the lease rate?
    The lease rate is $36-$44 SF/Yr.
    What are key features of this property?
    This property features: Royse City is a high-growth Texas market.; Adjacent to Royse City's top-performing Buc-ee's.; Excellent visibility to Buc-ee's exiting traffic.
    Request Owner's contact information
    2642 - Multi Tenant Retail Royse City, TX 75189
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2642 - Multi Tenant Retail Royse City, TX 75189
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