3-Tenant Retail | National Tenants | 819 E Interstate 30
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3-Tenant Retail | National Tenants 819 E Interstate 30
10,250 SF 100% Leased Retail Building Rockwall, TX 75087 $6,980,000 ($681/SF) 6.25% Cap Rate
Investment Highlights
- Significant Term Remaining | National Tenants | Scheduled Options
- Shadow Anchor By Kohl’s/Home Depot | Nearby Shopping Centers |Primary Retail Corridor | Close to Rockwall High School
- Located Along Interstate 30 Frontage Rd | Excellent I-30 Visibility |Direct Access to I-30E On Ramp (122,000 VPD)
- Strong Demographics in 5-Mile Trade Area
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,250 SF
Building Class
B
Year Built
2018
Price
$6,980,000
Price Per SF
$681
Cap Rate
6.25%
NOI
$436,239
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.61 AC
Zoning
Commercial (C) District
Parking
94 Spaces (9.17 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 50235 | Improvements Assessment | $1,756,403 |
Land Assessment | $1,211,498 | Total Assessment | $2,967,901 |
PROPERTY TAXES
Parcel Number
50235
Land Assessment
$1,211,498
Improvements Assessment
$1,756,403
Total Assessment
$2,967,901
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3-Tenant Retail | National Tenants | 819 E Interstate 30
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.