Commerce

Rockwall Market Center

2663-2885 Market Center Dr, Rockwall, TX, 75032-6563, US

Rockwall Market Center_Actifs en vente

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Rockwall Market Center 2_Actifs en vente

Description de l'actif

Jones Lang LaSalle ("JLL") is pleased to exclusively offer Rockwall Market Center (the "Property"), a 100% leased, 211,971 SF shopping center with a robust, high performing national tenant roster including Ross, Burkes Outlet, Michaels, Old Navy, and Petco. With direct access to Interstate 30, the Property draws over 1.5 million annual visitors, benefiting from a heavily trafficked intersection with visibility to over 103,000 vehicles per day. The Property offers a stable in-place cash flow with over 18 years of average tenant tenure and 82% of its income stream generated from national tenancy. Rockwall Market Center is a unique opportunity for investors to acquire a high performing power center significantly below replacement cost with mark-to-market rents.

Caractéristiques de l'actif

Surface de l'immeuble Net
19 693 m²
Occupation
100,00 %
Année de construction
1999
Taille du terrain
0,09 km² (86 805 m²)

Points clés d'investissement

  • Dominant retail destination within the fast growing Rockwall County
  • High performing tenancy backed by strong tenant sales and health ratios
  • Loyal rent roll with 18+ years of tenant tenure
  • 82% cash flow from national credit tenancy
  • Near term value creation opportunities through mark-to-market rents
Rockwall Market Center 4_Actifs en vente
Rockwall Market Center 4_Actifs en vente

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Dernière mise à jour
9 févr. 2023