Investment Overview

Marcus & Millichap is pleased to present this two-property, retail development site portfolio located in Heath, Texas. The city of Heath is an upscale community with a lakeside vibe, located just 25 miles east of downtown Dallas on Lake Ray Hubbard in Rockwall County. The two sites may be purchased individually or sold together. The two sites (listed separately) are located across the street from one another and are situated at the hard corner of Laurence Drive and FM549. The adjacent Heath Town Center was built in 2020 and is the only grocery-anchored shopping center in town. Both sites offer a wide range of possible uses such as banks, restaurants, and fast casual dining. The development sites are located just five minutes from the Rush Creek Yacht Club, eight minutes from the Buffalo Creek Golf Club, and just 13 minutes from Rockwall Harbor. Heath boasts numerous other activities including several parks, local boutiques, galleries, and annual events. Situated on more than 12 miles on the eastern shore of Lake Ray Hubbard, Heath is an involved member city of the fast-growing Rockwall and Kaufman counties.