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8617 Sunset Blvd
Rowlett, TX 75088
Shops at Bayside Value-Add Opportunity · Retail Property For Sale
Investment Highlights
- Newly Constructed, Value Add Asset Located off Interstate 30 in the Affluent Submarket of Rowlett, TX (DFW)
- Priced Below Replacement Cost at $285.70 PSF to the Building
- Across from Sapphire Bay; $1 Billion, Mixed Use Project Expected to Include a Man-Made Lagoon, 500-Room Resort Hotel, Approximately 1,500 Residential
- Vacant, Separately Platted Buildings Totaling 13,500 SF with Substantial Upside Opportunity in Leasing to Retail, Office or Medical Uses
- 8.75% Pro Forma Cap Rate at List Price
- Nearby New Construction Retail Quoting Over $35.00 PSF NNN
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
13,500 SF
Building Class
B
Year Built
2021
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.03 AC
Zoning
Z80
Parking
4 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
145’ on Sunset Boulevard
Property Taxes
| Parcel Number | 447757100C03R0000 | Improvements Assessment | $1,236,410 |
| Land Assessment | $260,100 | Total Assessment | $1,496,510 |
Property Taxes
Parcel Number
447757100C03R0000
Land Assessment
$260,100
Improvements Assessment
$1,236,410
Total Assessment
$1,496,510
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