610 W Interstate 30 - Retail FOR SALE


Royse City, TX 75189
$7,222,000 USD
214-960-2887
610 W Interstate 30, Royse City, TX for Sale
$7,222,000 USD
Retail - FOR SALE
1/3
null | 6.25% Cap Rate

610 W Interstate 30
Royse City, TX 75189


HIGHLIGHTS

  • 100% Leased 2024 Construction Retail Center in Affluent and High- Growth DFW Submarket of Royse City, Texas
  • Average Primary Lease Term of 9.2 Years
  • Shadow Anchored by Walmart & Lowe’s with Strong Fundamentals Including Shallow Bay Depth and Brick Masonry
  • Royse City has Seen Significant Growth with Over 15,000 Future Single-Family Homes Approved or Recently Constructed
  • Average Household Income Exceeds $110,740 & $128,200 in a 1 & 3 Mile Radii, Respectively
  • Just Off Interstate 30 with Traffic Counts Exceeding 83,400 VPD

OVERVIEW

2024 construction, 20,621 square foot retail center shadow-anchored by Walmart and Lowe’s in the affluent high growth DFW submarket of Royse City, Texas. The Property is leased to a relevant mix of restaurant and retail service users with an average base lease term expiration of February 2034. Royse City is among the fastest growing submarkets in DFW with a population growth of over 197% in a 1-mile radius since 2000. Average household incomes exceeds $110,740 and $128,200 in a 1 and 3 mile radii, respectively.

FOR SALE DETAILS

PRICE

$7,222,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royse City Retail Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

93,985 SF

ZONING

-

APN/PARCEL ID

334204

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.