I-30 @ FM 2642 SEC
Royse City, TX 75189
Royse City Town Center - Ground Lease · For Lease

UPDATE: City has tentatively indicated willingness to accept high intensity multifamily (no subsidy/low income) incorporated with entertainment/retail/restaurant uses (a town center, live-work-play district). There is no other multifamily currently planned or approved in the city. Current zoning is straight-retail. A multifamily-retail development plan and rezoning (consistent with the town's objectives and high-end proposed use of this site) would have to be approved, consistent with the style and theme of the attached images. Royse City Town Center is a 130,000 square-foot commercial, 16-acre development located 35 minutes east of downtown Dallas. In the past decade, the town was ranked forty-eighth among 1,800 Texas communities for fastest population expansion, and just recently, surpassed 10,000 residents. The Town Center is located at the southeast corner of Interstate 30 and FM 2642. FM 2642 is due to be widened to a 4-lane thoroughfare. Royse City is strategically positioned in a commercial void between downtown Rockwall, 13 miles west, and downtown Greenville, 17 miles east. Only twelve diamond interchanges exist along Interstate 30 between Rockwall and Greenville, yet only five of these crossroads are at four-way, regional intersections. The intersection of Interstate 30 and FM 2642 is one of these five crossroads. 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 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 soon. For more information, contact Stephen Schattner. 972.385.1907 ext 301