Retail Development
Royse City Retail 1
- Location
- Dallas, TX
- Size
- 9,450 Sqf
- Deal Type
- New Development
- Strategy
- Opportunistic
- Year
- 2022
- Net Investor Return
- 55.0%
- Net Annual Return
- 17.0%
- Hold Period
- 3.25 Yr.
- Equity Multiple
- 1.55x
The project is in a retail corridor anchored by Super Wal-Mart along 1-30W, the main freeway crossing through Royse City. The site offers high visibility, and the main commercial driver is the Super Wal-Mart that opened in 2016. It is the #3 best-performing Wal-Mart in its region.