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Retail Net Lease Property

214 Market Center Drive Terrell, TX 75160

Claim this Listing
For Sale
$4,210,909

SINGLE_FAMILY - Terrell, TX

Type:Retail
Lot size:
1.07 Acres
Added:
May 15, 2026
Days on Market:
58
Last Refresh:
Jul 11 at 6:06 am

Property Features for 214 Market Center Drive

General Information

Property type
Residential
Property subtype
Retail
Property condition
Under Construction
Parking features
On Street, Parking Lot
Security features
Security
Standard status
Active
APN
7655
Lot size
1.07 Acres

Taxes and HOA fees

Tax Description
TERRELL MARKET CENTER ADD, BLOCK 1, LOT 7
Tax Annual Amount
39159

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
2025
Floors in Building
1
Number of units
1
Building materials
Stucco
Roof type
Flat

Listing agent Matthew Marshall License #0544812

Listing office Drake Real Estate Tyler, TX

Listing date May 15, 2026

MLS# 21156187

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A retail net lease property offered with a 15-year net lease term to Superior Outfitters, per the listing remarks. The offering is presented as a planned development (PD) zoning use and is described with a 6.6% cap rate in the seller’s materials.

The property is located at 214 Market Center Drive in Terrell, Texas, with frontage on a 70,000+ VPD retail corridor along I-20 and connection to US-80, according to the listing remarks. It is described as across from Crossroads at Terrell, a 7.7M-visit retail destination, and surrounded by national anchors including Ross, ULTA, Academy, Hobby Lobby, Petco, and Film Alley.

The remarks further cite built-in traffic from a 300+ acre mixed-use development directly adjacent, plus 1,300+ new apartments next door supporting daily consumer demand. Please note the listing requests inquiries by appointment only and asks that the business or tenant not be disturbed.

Key Highlights

  • Under construction with Year Built 2025; stucco construction and flat roof
  • 15‑year net lease reported with cap rate of 6.6%
  • Planned Development zoning

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
NNN property - 15-year net lease retail property with planned development zoning and prominent I-20 retail corridor frontage.
Where is this nnn property located?
The property is located at 214 Market Center Drive Terrell, TX.
What is the asking price?
The asking price for this property is $4,210,909.
What are key features of this property?
This property features: Under construction with Year Built 2025; stucco construction and flat roof; 15‑year net lease reported with cap rate of 6.6%; Planned Development zoning
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