Listed by Colliers - Dallas, Texas
$7,455,000
Shops at Waxahachie
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 10,705
Net Rentable (SqFt) 10,705
Cap Rate 6%
NOI $447,300
Occupancy 100%
Tenancy Multi
Brand/Tenant Smoothie King, Einstein Bros. Bagels
Lease Type NNN
Lease Term 9.9
Lease Expiration 01/31/2036
Remaining Term 9.5
Price per SqFt $696
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 1.100
Lease Commencement 02/26/2026
Occupancy Date 02/26/2026
Ownership Fee Simple
Retail | 6.00% CAP | 10,705 SqFt
Investment highlights
2025 Development: Brand new construction
10 Year WALT: Long-term leases with scheduled rent increases
Dallas-Fort Worth MSA: 8.3 Million Residents, #1 ranked metro area for population growth and net migration
High Traffic Retail Corridor: 35,000+ Vehicles Passing by on Daily Basis along Highway 77
Shadow-anchored to New Tom Thumb: The site benefits from ongoing investment including a new Tom Thumb
Passive Investment: The site has NNN lease structure offering minimal landlord responsiblities
Corporate Backed Leases: Einstein Bros. Bagels, ATI Physical Therapy and CityVet Leases are Corporately Guaranteed
High Growth Submarket: Waxahachie has had 22%+ Population Growth since 2020. Ellis County Projecting 20% Growth Over Next Decade
Listing Contacts
Listed by Colliers - Dallas, Texas
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$447,300.00
$37,275.00/mo
Valuation Metrics
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DSCR
6%
Cap Rate
6%
ROI
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