Legacy Ranch Plaza | Melissa, TX | $7,500,000 | 6.07% Cap | 100% NNN
A rare opportunity to acquire a brand-new (2024), fully occupied NNN strip center in one of DFW's fastest-growing submarkets — delivering $454,852 in stabilized, passive income from day one.
WHY THIS ASSET STANDS OUT:
The anchor tenant, Action Behavior Centers, operates ABA Therapy for Autism under a corporate-backed NNN lease occupying 59% of the building. ABA therapy is federally mandated and insurance-reimbursed — these tenants virtually never relocate. Complementing the anchor are Cheer Land Play & Party (10-yr NNN) and Tropical Smoothie Café with Drive-Thru (10-yr NNN, highest rent/SF at $40.50) — a powerful mix of healthcare, family entertainment, and food & beverage driving daily traffic.
THE NUMBERS:
Price: $7,500,000 | Cap: 6.07% | NOI: $454,852 | 12,059 SF | 100% Occupied | NNN | Year Built: 2024 | $891,672 TIA Invested | 2.0–2.5% Annual Rent Bumps
THE MARKET:
Population within 1 mile nearly doubled since 2020. Median household income: $137,316. Surrounded by Walmart, HEB, Kroger, Buc-ee's, Starbucks & 20+ national retailers. 28,425 VPD on McKinney Street. Texas — no state income tax.
Full OM & due diligence package available.
Vibhu Rana | 214-777-2288 | ranadfwrealty@gmail.com