For Sale
$645,000

2038 Sunny Cir Rockwall, TX 75032

High-Demand Flex Space, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2,400 square foot flex space property in Rockwall, Texas, presents a compelling investment opportunity. Located at 2038 Sunny Circle, this single-story, 2020-built building sits on a 0.74-acre lot with prominent Highway 276 visibility. The property boasts a 14-foot ceiling height and is zoned ETJ, offering versatility for various uses, including warehouse space or contractor yard. Currently 100% occupied with a gross lease, generating a strong NOI of $35,570 and a 5.51% cap rate. The asking price is $645,000, translating to $268.75 per square foot. With daily traffic counts on Highway 276 exceeding 16,000 and planned expansion to four lanes, this location offers significant growth potential. The property's proximity to Rockwall city limits and the scarcity of ETJ land in this area further enhance its value. This core investment presents a rare chance to acquire a high-performing asset in a thriving market. The property features one unit and is classified as Class C. The APN is 5140-000B-0030-00-0R. The lease expires September 30, 2025.

Highlights

  • High daily traffic counts of 16,000 on Highway 276.
  • Highway 276 expansion to four lanes underway, improving Rockwall access.
  • Rare ETJ land offering exceptional proximity to Rockwall.

Property Details for 2038 Sunny Cir

Property type
Industrial properties, Flex space
Square Feet
2,400 SF
Class
C
Year Built
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
32,234 SF
Units
1

Location Insight

City
Rockwall
County
Rockwall
State
Texas
Latitude
32.9049617
Longitude
-96.3778569

FAQs

What type of property is this?
Industrial property - High-Demand Flex Space, Excellent Location
Where is the industrial property located?
The property is located at 2038 Sunny Cir Rockwall, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: High daily traffic counts of 16,000 on Highway 276.; Highway 276 expansion to four lanes underway, improving Rockwall access.; Rare ETJ land offering exceptional proximity to Rockwall.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2038 Sunny Cir
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