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Prime Location Ground Lease 103 Wesley Dr 1.55 Acres of Commercial Land for Lease in Palestine, TX 75801
Highlights
- $1.50 per square foot
- Traffic Exposure: 23,487 vehicles per day (2024 data)
- Zoning: Retail commercial, making this location ideal for a variety of uses, including retail, food services, or other commercial ventures
- Purchase Opportunity: Owner is open to offers for a purchase
- Utilities: All utilities are available at the site
- On-Site Building: 2,094 square foot home currently on the property, providing potential for redevelopment
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 1.55 AC |
| Lease Term | 5 - 10 Years |
| Rental Rate | |
| Lease Term | 5 - 10 Years |
| Lot Size | 1.55 AC |
Presenting a rare build-to-suit opportunity in one of Palestine’s most established retail corridors. The site comprises 1.55 acres and is positioned for redevelopment. The existing residential structure can be removed so the full parcel can be utilized for a new commercial building tailored to a tenant’s needs. Pre-negotiated lease pricing to be determined by building specs and requirements. Located near major national retailers and restaurants, including Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s, the property benefits from strong surrounding retail synergy and steady consumer draw
Property Overview
This prime commercial property, located at 103 Wesley Drive in Palestine, TX, offers a premier Build-to-Suit Opportunity or potential purchase opportunity on 1.55 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.
Property Facts
| Total Space Available | 1.55 AC | Property Subtype | Commercial |
| Property Type | Land | Proposed Use | Commercial |
| Total Space Available | 1.55 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
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Prime Location Ground Lease | 103 Wesley Dr
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