McKinney St @ S.H. 121 - Storefront Retail/Office FOR SALE


Melissa, TX 75454
$11,500,000 USD
469-252-1123
McKinney St @ S.H. 121, Melissa, TX for Sale
$11,500,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 6.11% Cap Rate

McKinney St @ S.H. 121
Melissa, TX 75454


HIGHLIGHTS

  • Located in one of the fastest growing areas of North Texas
  • Great visibility near the junction of SH-121 and SH-5
  • Easy access from US-75, 1X-121, and 1X-5 between Melissa and McKinney
  • Surrounding traffic counts are +/ - 59,000 VPD
  • Neighboring the highly desirable Urban Garages Melissa

OVERVIEW

Discover an exceptional opportunity to own a retail center in one of the fastest-growing cities in North Texas. The Shops at Melissa is a well-positioned, multi-tenant retail property offering strong viability and ample parking and is directly across from the new Melissa Walmart Supercenter. Whether you're expanding your investment portfolio or looking to secure a reliable income-producing asset, The Shops at Melissa offers a rare blend of location, stability, and long-term value.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

6.11%

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Melissa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

S.H. 121

LAND ACRES

5.78 AC

LAND SF

251,777 SF

ZONING

C2

APN/PARCEL ID

R-1085-003-001R-1

ASK ABOUT THIS PROPERTY

Carl FlemingUrban GaragesMore Info
469-252-1123

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Carl FlemingUrban GaragesMore Info
469-252-1123

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