502 Highway 77 N Waxahachie, TX 75165

This property features a new 15-year absolute NNN ground lease with 10% rent increases every five years during the primary term and options, plus five 5-year options to renew. The property is located off N Hwy 77, the main retail corridor in Waxahachie, adjacent to H-E-B and Aldi, and just east of I-35, which has a traffic volume of over 64,170 vehicles per day. The surrounding demographics within a 5-mile radius are exceptional, with over 58,000 people and an average household income exceeding $113,000. Waxahachie, Texas, a growing city 30 miles south of Dallas, enjoys an ideal position along I-35 within the expanding Dallas–Fort Worth MSA. The property is suitable for storefront, individual retail, and specialty purposes, including a coffee shop or restaurant. The property is currently occupied by HTeaO, the nation’s leading iced tea franchise, which operates 150 locations across 14 states. The property size is 2,043 square feet.