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Interstate 30 at FM 2642 - Lot 1, Royse City, TX 75189 For Sale

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP
$2,017,307
1840 days on market
Updated 38 days ago

Royse City Town Center - Lot 1 - hard corner / future signal

Details
Property Type Land, Mixed Use (+1)
Sub Type Bank, QSR/Fast Food (+1)
Broker Co-Op Yes
Class A
Lot Size (SqFt) 39,171
Zoning C2 (Commercial)

Royse City Town Center Lot 1 - hard corner future signal - Across from Buc-ee's and future H-E-B

Marketing description

Several LOIs / contracts received from local, regional and national credit tenants

-Lot 1 - AVAILABLE - sale, ground lease or multitenant

-Lot 2 - AVAILABLE - sale, ground lease or multitenant

-Lot 3 - 52% preleased

Unit 101 1450sf AVAILABLE (with drive-thru)

Unit 102 (1800sf) pending

Unit 103 (3500sf) dental - LEASED

-Lot 4 - Pending contract (national QSR)

-Lot 5 - 44% preleased

Unit 101 (1384sf) printing/shipping - LEASED

Unit 102 AVAILABLE (with drive-thru)

-Lot 6 - 100% preleased

Unit 101 (2958sf) regional nail/spa salon - LEASED

Unit 102 (1171sf) brewed beverages - LEASED

-Lot 7 - AVAILABLE - sale, ground lease or multitenant

-Lot 8 - AVAILABLE - sale, ground lease or multitenant

-Lot 9 - AVAILABLE (431 units multifamily with parking structure)

Royse City Town Center is a 455,000+ square-foot commercial/proposed luxury multifamily, 15-acre development located 35 minutes east of downtown Dallas. This is a deed-restricted, thematic development that articulates the modern farmhouse style.

In the past decade, the town was ranked forty-eighth among 1,800 Texas communities for fastest population expansion. Royse City is strategically positioned in a commercial void between downtown Rockwall, 13 miles west, and downtown Greenville, 17 miles east. Royse City Town Center will fill a commercial void with a trade area extending six miles south; two miles west; six miles east, half the distance to Greenville; and six miles north, half the distance to US three-eighty. The regions’ absence of transportation access and infrastructure has created high barriers to entry for commercial development within this region.

The Town Center is located at the southeast corner of Interstate 30 and FM 2642. FM 2642 is a 4-lane thoroughfare recently upgraded. County Road 2515 (Shaw Drive) on the south border will be upgraded to an undivided 4-lane road with a traffic signal at FM 2642. The southeast corner offers easy access from FM 2642 northbound morning traffic, and unrestricted access from Interstate 30 eastbound evening traffic. FM 2642 facilitates transportation to several thousand residential lots planned or under construction within one mile of the Town Center.

This property offers a city-approved signage variance that exceeds the town’s ordinances, offering retailers a rare opportunity for greater signage presence and brand recognition. The property maintains ag exemptions and will be zoned commercial, consistent with the city’s land use plan. Three-phase electric and all wet utilities with adequate capacity have been installed on site. Unobstructed visibility from the Interstate 30 overpass makes this location ideal for drug stores; fuel operations; minor automotive repair; drive through and sit-down restaurants; banks; retail and professional services; and anchored retail. Multi-tenant retail space is available for prelease with construction to commence 2026. For more information, contact Stephen Schattner 972.385.1907 ext 301

Investment highlights

  • Royse City is leading growth market in Texas

  • Outside the front door from Buc-ee's - Royse City's highest grossing business

  • Exceptional visibility for all exiting traffic from Buc-ee's

  • Morning traffic side of FM 2642

  • Huge visibility from Interstate 30

  • Highest residential density and future growth in Royse City is at this intersection (due to main sewer line that is driving growth in this section of the city)

  • Class-A+++, deed restricted, thematic development (modern farmhouse)

  • Highest traffic counts in Royse City is at this intersection and will continue to grow exponentially

  • Proposed 400+ multifamily unit planned on Lot 9

  • FM 2642 has been improved to 4-lanes

  • Future traffic signal at FM 2642 / CR 2515 (Shaw Drive)

  • CR 2515 (Shaw Drive) now on schedule to be improved to serve Bearpen development (major residential) immediately east

  • Commercial zoning in place

  • Civil construction drawings underway

  • Building construction plans underway

  • All utilities

  • Shortage of retail and restaurant services in this section of the city

  • Royse City High School (soon to be 6A) is off-campus - ideal for most restaurants

Listing Contacts

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP

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Additional Information

Name
Stephen Schattner
License
TX 0502217
Brokerage
Imperium Brokerage Services, LLC
Brokerage Phone
9723851907
Brokerage Address
5851 Legacy Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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