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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1230 Memorial Pkwy Royse City, TX 75189

6,070 SF 1 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This brand-new, single-story retail center in Fate, Texas, offers 6,070 square feet of space, with 4,870 square feet currently available for lease. Built in 2024, the property features three suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 4,870 square feet. Ideal for a variety of retail or restaurant uses, up to 3,700 square feet is specifically suited for dine-in restaurants. The center boasts 35 parking spaces and is conveniently located on Memorial Parkway, near a new Taco Bell and shadowed by a Fresh by Brookshire's grocery store. This prime location in a rapidly developing area of Fate offers excellent visibility and accessibility. The property sits on one acre of land and is part of a new retail strip expected to be completed in the first quarter of 2025. This is a unique opportunity to establish a business in a thriving community with high growth potential. The building is a new construction, completed in 2024. Join Pizza Hut in this exciting new development!

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 6,070 SF
Lot 1 ac (43,560 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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