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103 Wesley Dr
Palestine, TX 75801

$8,450 USD/MO

Land For Lease  •  2+ SF

Property Details

  • Property Type Land
  • Zoning HC-Highway Commercial
0 Transit Score
49 Walk Score

1 Space Available

Name Space Use Size Rent Details
Unkwn Floor Ste - 1.55 AC $65,340.00 USD/AC/YR 
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.

  • Date available: Now
  • Lease term: 5 - 10 Years
  • Service type: None
  • Space Type: Relet

Description 

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.

Highlights

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

Property Flyers

Samuel Scarborough CCIM 903-570-7366 Scarborough Commercial Real Estate
Samuel Scarborough CCIM 903-570-7366 Scarborough Commercial Real Estate