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Prime Location Ground Lease 103 Wesley Dr

1.55 Acres of Commercial Land for Lease in Palestine, TX 75801

Land Texas Palestine 103 Wesley Dr, Palestine, TX 75801

Highlights

  • Ground Lease Rate: $1.50 per square foot
  • Traffic Exposure: 24,467 vehicles per day (2024 data)
  • Utilities: All utilities are available at the site
  • Purchase Opportunity: Owner is open to offers for a purchase
  • On-Site Building: 2,094 square foot home currently on the property, providing potential for redevelopment
  • Zoning: Retail commercial, making this location ideal for a variety of uses, including retail, food services, or other commercial ventures

Lot Available

Display Rental Rate as

Rental Rate
  • $2.16 CAD/SF/YR
  • $0.18 CAD/SF/MO
  • $146,174 CAD/YR
  • $12,181 CAD/MO
 Lot Size 1.55 AC
Lease Term 5 - 10 Years
Rental Rate
  • $2.16 CAD/SF/YR
  • $0.18 CAD/SF/MO
  • $146,174 CAD/YR
  • $12,181 CAD/MO
Lease Term 5 - 10 Years
Lot Size 1.55 AC 

This prime commercial property, located at 103 Wesley Drive in Palestine, TX, offers a premier ground lease or potential purchase opportunity on 1.54 acres of retail-zoned land. Situated next to high-traffic national retailers such as Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s, this site is positioned for maximum visibility and foot traffic.

Property Overview

This prime commercial property, located at 103 Wesley Drive in Palestine, TX, offers a premier ground lease or potential purchase opportunity on 1.54 acres of retail-zoned land. Situated next to high-traffic national retailers such as Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s, this site is positioned for maximum visibility and foot traffic.

PROPERTY FACTS

Property Type Land Proposed Use Commercial
Property Subtype Commercial
Property Type Land
Property Subtype Commercial
Proposed Use Commercial

Attachments

OM_103_Wesley_Ground_Lease_091324

Links

1 of 1
(903) 570-7366

Contact

  • Listing ID: 33157021

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 103 Wesley Dr, Palestine, TX 75801

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103 Wesley Reblie map

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Prime Location Ground Lease | 103 Wesley Dr
(903) 570-7366 x

Prime Location Ground Lease | 103 Wesley Dr

Samuel Scarborough CCIM

(903) 570-7366

(903) 570-7366

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