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Retail / Restaurant / Professional Services

Retail / Restaurant / Professional Services

Property Overview

Price/Rent PSF $ 1,595,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.74
Date Available 04/01/2021
Search Demographic Data LandCheck Explore financing options
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Description

This unique high-visibility property carries an I-30 address and offers access and visibility from the I-30 service road and Ridge Road. The location is at the commercial crossroads of this rapidly growing city. The Harbor retail/theater complex, the medical district, the Technology Park, and six hotels are all within a 5-minute drive of the site.

The most exciting and creative development project in Rockwall County has begun! The Sapphire Lagoon mixed-use destination will consume the 120-acre peninsula at the south end of Dalrock and I-30. Over the next five years the developer has pledged new mid-rise corporate offices, high-rise condominiums and a retail complex surrounding a 6-acre crystal clear water feature. Rockwall is expected to benefit for decades from this project.

Major retailers near the subject property include Walmart, Target, and Kroger. Dozens of smaller national and regional credit retailers are within a mile. This premium site adjoins 7 restaurants, 10 retailers and 3 medical offices. Construction of a new four-story 85,000 SF office building was completed in January of 2021 just five-hundred feet west of the property.

In anticipation of commercial development on this site, the seller built an 8’ X 280’ stone retaining wall on the south side. This will allow optimum parking and site planning. Other improvements include extensive utility and drainage planning and permitted variances. One small but important part of the property emerges to the I-30 service road which provides the I-30 address and great signage potential. (See Site Plan).

Location

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