2663-2853 Market Center Dr Rockwall, TX 75032
- Lifestyle centers
- 211,971 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 2663-2853 Market Center Dr
- Year built
- 1999
- Property size
- 211,971 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail investment opportunity presents a 211,971 square-foot shopping center strategically located on 21.42 acres along the highly sought-after I-30 corridor in Rockwall, Texas. The property, situated at 2663-2853 Market Center Dr, Rockwall, TX 75032, boasts a strong tenant roster, including national credit tenants such as Burkes, Michaels, Office Depot, Old Navy, Petco, and Ross Stores. Currently, there is 3,760 square feet of vacant space available within this well-established center, built in 1999. The center's impressive average tenant tenure of 18 years speaks volumes about its desirability and stability. This single-tenant property offers a compelling investment prospect for those seeking a high-performing retail asset in a thriving Texas market. The property's size and location on the I-30 corridor provide excellent visibility and accessibility, ensuring high foot traffic and strong sales potential. With its established tenant base and proven track record, this shopping center represents a rare opportunity to acquire a significant retail asset in a prime location. The 3,760 square feet of vacant space presents an additional opportunity for growth and income generation. This property is classified as a shopping center and commercial property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.4642
- Latitude
- 32.8975
