Investment Overview

Rockwall Shopping Center is a stabilized, multi-tenant retail center located in the Dallas suburb of Rockwall, Texas. The center is 100 percent occupied, and all leases are on triple-net terms. Tenants include a complementary mix of national and local tenants including Dunkin' Donuts, Upscale Nail & Spa, UBreakIFix by Asurion, Everbowl, and Jersey Mike's Subs. The building was constructed in 2015 and features a drive-through window in the Dunkin Donut's end cap suite. A double-sided monument sign faces Ridge Road, offering additional exposure to the center. Rockwall Shopping Center is located on Ridge Road at the signalized intersection with Summer Lee Drive with close access to Interstate 30. Traffic counts in front of the property on Ridge Road exceed 31,905 vehicles per day. Located in a dense retail trade area, nearby national and regional retailers include ALDI, Tropical Smoothie Café, Gloria's Latin Cuisine, Cinemark, Kroger, Bank of America, Panda Express, Lowe's Home Improvement, Target, Chair King, Sprouts Farmers Market, Chick-fil-A, Academy Sports + Outdoors, Panera Bread, Starbucks, Velvet Taco, McDonald's, Ross Dress for Less, Michaels, Petco, Office Depot, The Home Depot, Walmart Supercenter, Dollar Tree, Half Price Books, T.J. Maxx and more. Rockwall High School and Rochell Elementary are also in close proximity to the center, providing additional traffic to the area. The property benefits from strong demographics in the surrounding area. The average household income within a one-mile radius is $146,348; $127,452 within a three-mile radius; and $128,576 within a five-mile radius.