2111 McKinney Street, Melissa, TX 75454

Legacy Ranch Plaza presents a rare opportunity to acquire a brand-new (2024), 100% occupied, three-tenant NNN retail strip center in one of the Dallas–Fort Worth Metroplex's fastest-growing submarkets. Located at 2111 McKinney Street in Melissa, Texas, the 12,059 SF center delivers a stabilized NOI of $454,852 at a 6.07% cap rate — offering immediate, passive, management-free income with zero lease-up risk from day one.

The center is anchored by Action Behavior Centers (ABA Therapy for Autism) — a nationally recognized, corporate-backed tenant occupying 7,114 SF (59% of GLA) on a NNN lease. ABA therapy is a federally mandated, insurance-reimbursed medical service, making this a recession-resistant, medically necessary use that virtually never relocates. Complementing the anchor are Cheer Land Play & Party (3,518 SF, 10-year NNN) and Tropical Smoothie Café with Drive-Thru (1,443 SF, 10-year NNN) — delivering a synergistic mix of healthcare, family entertainment, and food & beverage that drives consistent daily traffic. All three tenants operate under true NNN leases with contractual annual rent escalations of 2.0–2.5%.

Melissa, Texas is experiencing 14% annual population growth — among the highest in the nation — driven by master-planned communities delivering 350+ new residential units annually. The subject property fronts McKinney Street (TX-5) with 28,425 vehicles per day, and is surrounded by Walmart Supercenter, HEB, Kroger, Buc-ee's, CVS Pharmacy, AutoZone, Starbucks, McDonald's, and 20+ national co-tenants. Within a 1-mile radius, median household income is $137,316 — among the most affluent trade areas in the DFW Metroplex. Population within 1 mile has grown from 16,632 in 2020 to 31,475 in 2024 — nearly doubling in just 4 years, confirming one of the strongest residential growth corridors in the United States. Combined tenant improvement allowances exceed $891,000, signaling deep, long-term occupancy commitment from all three operators. Texas has no state income tax, further enhancing after-tax investor returns. An ideal acquisition for 1031 exchange investors or passive income buyers.