819 E Interstate 30 - Freestanding FOR SALE


Rockwall, TX 75087
$6,900,000 USD
480-221-4221
819 E Interstate 30, Rockwall, TX for Sale
$6,900,000 USD
Freestanding - FOR SALE
1/9
null | 6.32% Cap Rate

819 E Interstate 30
Rockwall, TX 75087


HIGHLIGHTS

  • Significant Term Remaining | National Tenants | Scheduled Options
  • Located Along Interstate 30 Frontage Rd | Excellent I-30 Visibility |Direct Access to I-30E On Ramp (122,000 VPD)
  • Shadow Anchor By Kohl’s/Home Depot | Nearby Shopping Centers |Primary Retail Corridor | Close to Rockwall High School
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) in a NNN leased, three-tenant retail building investment property located in , Rockwall Texas. The tenants, Jason’s Deli, and Sleep Number have apx. five years remaining on 10 year leases while Stanton Optical has over 6 years remaining on an 11-year lease. All tenants have additional options to extend, demonstrating their commitment to the site. All tenants are well known nationally recognized tenants. The leases are NNN with limited landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shadow Anchored by Kohls & Home Depot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

Commercial (C) District

APN/PARCEL ID

4817-000A-0002-00-0R,50235

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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