2111 McKinney St - Freestanding FOR SALE


Melissa, TX 75454
$7,500,000 USD
214-777-2288
2111 McKinney St, Melissa, TX for Sale
$7,500,000 USD
Freestanding - FOR SALE
1/14
null | 6.06% Cap Rate

2111 McKinney St
Melissa, TX 75454


HIGHLIGHTS

  • Recession-Resistant Corporate Anchor | Action Behavior Centers | Medically Necessary ABA Therapy | Corporate NNN Lease
  • 100% Occupied | Brand-New 2024 Construction | Zero Deferred Maintenance | Full Depreciation Available
  • Population Nearly Doubled in 4 Years | $137,316 Median HH Income within 1 Mile | Collin County DFW
  • True NNN — Tenants Pay All Taxes, Insurance & CAM | Completely Passive Management-Free Income
  • $891,672 TIA Invested | 2.0–2.5% Annual Rent Escalations | Drive-Thru Tropical Smoothie Café

OVERVIEW

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

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$622 USD /SF

CAP RATE

6.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FULL LEASED STRIP WITH MEDICAL ANCHOR TENANT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Fast Food, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

Commercial

APN/PARCEL ID

R-13086-00A-0040-1

ASK ABOUT THIS PROPERTY

Bobby RanaVibhu Bobby RanaMore Info
214-777-2288

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Bobby RanaVibhu Bobby RanaMore Info
214-777-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.