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Shopping Strip

Terrell Square

632 N Rockwall Ave, Terrell, TX 75160

Listing Price: $1,787,000

Cap Rate
5.76%
Gross SF
31,766
Rentable SF
31,766
Price/Gross SF
$56.26
Lot Size
2.85 acres
Year Built
1963

Investment Overview

Marcus & Millichap is pleased to present Terrell Square, a 31,766-square-foot neighborhood retail center located at 632 North Rockwall Avenue in Terrell, Texas. Situated on approximately 2.85 acres, the property is 79 percent occupied and anchored by Dollar General, which has operated at the location for more than 30 years, and Max Slayton Funeral Home. The center includes 6,628 square feet of available space, providing future leasing upside.

Terrell Square is positioned just north of historic Downtown Terrell with convenient access to U.S. Highway 80 and Interstate 20. The property serves a rapidly expanding trade area within Kaufman County, supported by significant population and household growth, a diverse employment base and continued residential development throughout Terrell and the surrounding eastern DFW market.

Investment Highlights

  • VALUE-ADD UPSIDE THROUGH LEASE-UP
  • 79% OCCUPIED | LONG-TERM TENANT COMMITMENT
  • LONG-STANDING DOLLAR GENERAL TENANCY | 30+ YEARS AT THE PROPERTY
  • SUBSTANTIAL RESIDENTIAL & MIXED-USE DEVELOPMENT UNDERWAY IN TERRELL
  • LOW ACQUISITION BASIS | $56.26 PER SQUARE FOOT

Exclusively Listed By

Financing By

Shopping Strip

Terrell Square

Listing Price: $1,787,000

Cap Rate
5.76%
Gross SF
31,766
Rentable SF
31,766
Price/Gross SF
$56.26
Lot Size
2.85 acres
Year Built
1963

Investment Highlights

  • VALUE-ADD UPSIDE THROUGH LEASE-UP
  • 79% OCCUPIED | LONG-TERM TENANT COMMITMENT
  • LONG-STANDING DOLLAR GENERAL TENANCY | 30+ YEARS AT THE PROPERTY
  • SUBSTANTIAL RESIDENTIAL & MIXED-USE DEVELOPMENT UNDERWAY IN TERRELL
  • LOW ACQUISITION BASIS | $56.26 PER SQUARE FOOT

Investment Overview

Marcus & Millichap is pleased to present Terrell Square, a 31,766-square-foot neighborhood retail center located at 632 North Rockwall Avenue in Terrell, Texas. Situated on approximately 2.85 acres, the property is 79 percent occupied and anchored by Dollar General, which has operated at the location for more than 30 years, and Max Slayton Funeral Home. The center includes 6,628 square feet of available space, providing future leasing upside. Terrell Square is positioned just north of historic Downtown Terrell with convenient access to U.S. Highway 80 and Interstate 20. The property serves a rapidly expanding trade area within Kaufman County, supported by significant population and household growth, a diverse employment base and continued residential development throughout Terrell and the surrounding eastern DFW market.

Exclusively Listed By

Financing By

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