Summit RE announced the closing of an Olive Garden in Red Oak, Texas. The 7,800 square foot property is located on N I-35 E Road.
There are over 104,148 people within a 5-mile radius, with an average household income exceeding $101,236. The property is positioned as a pad site to the newly developed B&B Theaters and Red Oak Entertainment District and is also in proximity to Google’s planned second Texas campus in Red Oak. Over 111,803 vehicles per day travel past the property on N I-35 E Rd.
Adam Gottschalk of Summit RE represented the Local Developer. The Buyer was a local, repeat buyer. Additional terms of the sale were not disclosed.
