309 S Oak St
Roanoke, TX 76262
Chop Shop | 8.5+ Yrs Abs NNN | Renovated · Retail Property For Sale

Strategically situated in between US Highway 377/Front Street (16,900 VPD) and South Oak Street with easy parking access from Front Street and excellent signage and street frontage along South Oak Street. The site is also just 0.8 miles off State Highway 170 (54,100 VPD), a major connecting thoroughfare traveling directly into Dallas. Nearby national/credit tenants include a 24-hour Walmart Supercenter, The Home Depot, PetSmart, ALDI, CVS Pharmacy, Tractor Supply Co., and more, increasing consumer traffic to the trade area. In addition, the asset is within close proximity to newly built apartments and a future hotel including Two-99 Monroe (311 units), Watermark Apartments (240 units), The Residences at Roanoke City Center (35 town-homes), and The Peabody Hotel (300 rooms), providing a direct consumer base to draw from. The overall trade area has seen immense growth and development with the start of Circle T Ranch, a 2,500-acre master planned community. Within Circle T Ranch, Charles Schwab is constructing a brand new regional campus that will house up to 6,000 employees and The Howard Hughes Corp. is launching a 130-acre mixed-use development, speaking to the trending growth within the Roanoke market. The 5-mile trade area is supported by nearly 100,000 residents with an affluent average household income of more than $138,600.