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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Erby Campbell Blvd & Mercantile Rd Royse City, TX 75189

12,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity in Royse City, Texas, offers 1,500 to 12,000 square feet of customizable space in a new, multi-building development at the northwest corner of Erby Campbell Blvd. and Mercantile Rd. The property boasts a prime location, shadowed by a Walmart and near a future Lowe's, ensuring high visibility and foot traffic. Situated at a busy intersection with a planned signalized intersection at Mercantile Rd., this development benefits from excellent accessibility and high traffic counts. The 12,000 square foot retail center is scheduled to open September 1, 2024, and offers triple net (NNN) leases. This rapidly developing area features strong demographics, multiple schools, and thriving residential communities, creating a robust market for retail businesses. The flexible space options allow businesses to tailor their footprint to their specific needs, making it an ideal location for a variety of retail concepts. This development is poised to become a retail hub in Royse City, with Mercantile Road's planned expansion further enhancing its accessibility and commercial potential. The property's corner location provides maximum visibility and accessibility, while the high-quality construction and design ensure a premier build-out. Don't miss this chance to establish your business in this thriving retail environment. Lease rates are available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Total area 12,000 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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