2663-2853 Market Center Dr Rockwall, TX 75032
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.