Terrell Square — Sale in Terrell, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Terrell, TX 75160

Photos

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Investment Figures

Cap rate
5.76%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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

Market Context

This retail in Terrell, TX is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Terrell, TX — view the full market.

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