Listed by Scarborough Commercial Real Estate
Undisclosed Rate
Prime Location Build-to-Suit Opportunity
Building Details
Property Type Office, Land
Sub Type Executive Office, Creative Office
Tenancy Single
Lease Type NNN
Class A
Total Building SqFt 2,094
Spaces
Land | Single tenant | 67,598 SqFt
Building description
This prime commercial property, located at 103 Wesley Drive in Palestine, TX, offers a premier Build-to-Suit Opportunity or potential purchase opportunity on 1.54 acres of retail-zoned land. Situated next to high-traffic national retailers such as Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s, this site is positioned for maximum visibility and foot traffic.
Building highlights
- Ground Lease Rate: $1.50 per square foot
- Build-to-Suit Opportunity
- Purchase Opportunity: Owner is open to offers for a purchase
- Traffic Exposure: 23,4
- 87 vehicles per day (2024 data)
- Frontage: 185 feet along Loop 256, a high-traffic commercial corridor
- On-Site Building: 2,094 square foot home currently on the property, providing potential for redevelopment
- Utilities: All utilities are available at the site
- Zoning: Retail commercial, making this location ideal for a variety of uses, including retail, food services, or other commercial ventures
Listing Contacts
Listed by Scarborough Commercial Real Estate
Property History
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