UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Philip E Wetzel Addition Lot 2
MLS Listing ID 21426266
Total Fin. Sqft 17455
Year Built 2016
Lot Size 2.898 Acres
Acres 2.898
Property Sub-Type Business
Property Description
Scheduled rent escalations over the remaining lease term provide steady growth in net operating income, increasing the investor's yield and the property's value over time. The property is located on the north side of I-30 in Fate, Texas, in the heart of one of Rockwall County's most active growth corridors. Recent nearby commercial permit filings include:
Target (T3066) – Retail store (filed October 2026)
Chase Bank – Branch (filed August 2026)
Huey's Coffee – Coffee shop (filed August 2026)
The Enclave at Fate Village – Commercial retail space (filed July 2026)
Location
State TX
County Rockwall
Zoning Neighborhood Commercial
Direction The property is located on the north side of I-30 in Fate, Texas, in the heart of one of Rockwall County’s most active growth corridors.
Interior
Heating Central, Electric, ENERGY STAR Qualified Equipment
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Concrete, Luxury Vinyl Plank
Heat Source Central, Electric, ENERGY STAR Qualified Equipment
Exterior
Utilities Available City Sewer, City Water, Concrete
Roof Type Asphalt
Accessibility Accessible Bath - Full, Accessible Doors, Accessible Entrance
Garage No
Building
Lot Description Acreage, Few Trees
Foundation Slab
Structure Type Fiber Cement,Frame
Others
Acceptable Financing 1031 Exchange, Assumable, Cash, Conventional
Listing Terms 1031 Exchange, Assumable, Cash, Conventional
Nearby Locations
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License ID: 0592001