www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28264295
24975935

1940 N Hwy 77, Waxahachie, TX 75165 For Sale

BM
TX 586199
Trinity Real Estate Investment Services
SJ
TX 713565
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$19,387,500
47 days on market
Updated 47 days ago

Free Standing Tom Thumb

Details
Property Type Retail
Sub Type Grocery Store, Pharmacy/Drug (+1)
Square Footage 58,750
Units 1
Cap Rate 5%
NOI $969,375
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+8)
Lease Type NN
Lease Term 20
Lease Expiration 09/29/2044
Remaining Term 18.2
Rent Bumps Yes
Lease Options Ten (10), 5-Year; 5%
Price per SqFt $330
Year Built 2024
Buildings 1
Acreage 6.760
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/30/2024
Ownership Fee Simple

Retail | 5.00% CAP | 58,750 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Free Standing Tom Thumb in Waxahachie, TX. This property is a rare freestanding Tom Thumb grocery store, a 2024 development in the thriving Dallas-Fort Worth Metroplex with 19+ years of remaining lease term and minimal landlord responsibilities.

Property Website: https://trinityreis.com/listing/1940-n-hwy-77/

Investment highlights

  • Rare Freestanding Grocery Store - New 2024 Development Tom Thumb in Waxahachie, TX – Dallas-Fort Worth Metroplex

  • 19+ Years Remaining With Minimal Landlord Responsibilities

  • Albertsons Guarantee – Second Largest Grocer in the U.S. With $80B+ in Annual Revenue

  • Built-In 5% Rent Increases Every 5 Years Throughout Primary Term and Renewal Options

  • Situated Across From Waxahachie Marketplace – A Fully Occupied Power Center Featuring Academy, TJ Maxx, Five Below, and Raising Cane’s

  • Affluent and Expanding Trade Area – $109K+ Avg. Household Income and 58,000+ Residents Within 5 Miles

  • High Visibility With 29,000+ Vehicles Per Day Along N Grove Blvd and US Hwy 77

  • Just 24 Miles South of Downtown Dallas, Strategically Positioned in One of DFW’s Fastest-Growing Submarkets

Listing Contacts

BM
TX 586199
Trinity Real Estate Investment Services
SJ
TX 713565
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$969,375.00
$80,781.25/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Broker Selected Comps View More Comps

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591