Property profile

615-651 White Hills Dr Rockwall, TX 75087

OFF-MARKET
Neighborhood centers
10,920 SF Built 2001
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Property summary

AI-generated overview

Schafer Plaza, located at 615-651 White Hills Dr. in Rockwall, Texas, 75087, presents a unique retail opportunity. This Class B, 10,920 square foot strip center, built in 2001, sits on a 1.33-acre lot and offers a single available space of 1,863 square feet. The property is ideally situated in the heart of the Rockwall market, benefiting from excellent visibility due to its proximity to I-30. A significant advantage is its Walmart shadow-anchored location, providing substantial foot traffic and brand recognition. The available space is configured for multiple tenants, with a minimum divisible space of 1,863 square feet and a maximum contiguous space of 1,863 square feet. This presents a rare opportunity for a business seeking a drive-thru capable location in a high-traffic area. The property is categorized as a fast-food and strip center retail space within Rockwall County. This is a single-building property offering a strong potential for return on investment in a thriving Texas market. The property's location and amenities make it an attractive option for a variety of retail businesses.

Property profile

Verified
Property type Neighborhood centers
Year built 2001
Total area 10,920 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

615-651 White Hills Dr Rockwall, TX 75087
Rockwall metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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