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New Grocery-Anchored Strip Center
For Sale
$6,870,000

1980 N Hwy 77, Waxahachie, TX 75165

Newly developed retail center with full occupancy, NNN leases, prominent storefronts, and convenient vehicle access.

Property Size11,000 SF
Days on Market194

Property Features for 1980 N Hwy 77

General Information

Standard status Active
Size 11,000 SF
Property subtype Strip Center
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 11,000 SF
Year Built 2024
Tenancy Multi
Listing Agency: Trinity Real Estate Investment Services
Listed By: Brad Motley · License #586199
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 9:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

Developed in 2024, this grocery-anchored strip center is fully occupied by long-term NNN tenants with a weighted average lease term of 8.94 years remaining. The property offers prominent storefronts, convenient ingress and egress, and ample on-site parking.

The center fronts US Hwy 77, which carries more than 30,000 vehicles per day. It sits between Tom Thumb and the planned BJ’s Wholesale Club project, with Waxahachie Marketplace directly across the highway. That power center is fully occupied by Academy, TJ Maxx, Five Below, Kirkland's Home, Ulta Beauty, and Raising Cane’s.

The property is in Waxahachie, the Ellis County seat within the Dallas-Fort Worth MSA. More than 63,000 residents live within 5 miles, and the surrounding trade area reports average household income above $107,000.

Key Highlights

  • New 2024 development with 100% occupancy
  • Long‑term NNN tenancy with 8.94 years of WALT remaining
  • Frontage along US Hwy 77 with 30,000+ VPD

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Bakery Storage Facility Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 75165, TX

49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Newly developed retail center with full occupancy, NNN leases, prominent storefronts, and convenient vehicle access.
Where is this strip mall located?
The property is located at 1980 N Hwy 77 Waxahachie, TX.
What is the asking price?
The asking price for this property is $6,870,000.
What are key features of this property?
This property features: New 2024 development with 100% occupancy; Long‑term NNN tenancy with 8.94 years of WALT remaining; Frontage along US Hwy 77 with 30,000+ VPD
More about this property
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