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Property profile & analytics
OFF-MARKET
Lifestyle centers

2663-2853 Market Center Dr Rockwall, TX 75032

211,971 SF Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1999
Total area 211,971 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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