Newly Constructed Multi-Tenant Shopping
For Sale
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2111 MCKINNEY ST MELISSA TX 75454, Melissa, TX 75454
Fully occupied center with NNN leases and a diversified tenant mix.
Property Size12,059 SF
Price / SF$613.65
Days on Market11
Property Features for 2111 MCKINNEY ST MELISSA TX 75454
General Information
Standard status
Active
Size
12,059 SF
Property subtype
Retail
Occupancy
100%
Financials
Asking Price
$7,400,000
Gross Income
$462,500
Site & Location
Traffic Count
28,425 vehicles/day
Highway Access
Yes
Building Details
Year Built
2024
Tenancy
Multi
Listing Agency:
Equitify
Listed By:
Hisham Ahmad · License #841661
(972) 345-2062
Source:
Crexi
Added: Sep 10
Changed: Sep 18
Last Checked: Sep 19 at 7:38AM
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 Equitify
Investment Insights
Based on property information with market context.
Legacy Ranch Plaza is a 12,059 SF multi-tenant retail center completed in 2024. The property is fully leased to Action Behavior Centers, Cheer Land Play & Party, and Tropical Smoothie Café, creating a mix of healthcare, experiential retail, and quick-service restaurant uses. Lease structures are NNN and include contractual annual rent increases.
The center is positioned at 2111 McKinney Street in Melissa, Texas, along McKinney Street / SH-5, which carries approximately 28,425 vehicles per day. Access to US-75 and SH-121 connects the property with McKinney and the broader Dallas-Fort Worth Metroplex. Surrounding residential growth and nearby national retailers, including H-E-B, Kroger, Walmart, Buc-ee’s, Chick-fil-A, and CVS, further define the commercial setting.
The center is positioned at 2111 McKinney Street in Melissa, Texas, along McKinney Street / SH-5, which carries approximately 28,425 vehicles per day. Access to US-75 and SH-121 connects the property with McKinney and the broader Dallas-Fort Worth Metroplex. Surrounding residential growth and nearby national retailers, including H-E-B, Kroger, Walmart, Buc-ee’s, Chick-fil-A, and CVS, further define the commercial setting.
Key Highlights
- 12,059 SF retail center completed in 2024
- 100% leased to Action Behavior Centers, Cheer Land Play & Party, and Tropical Smoothie Café
- NNN lease structures with contractual annual rent increases
Property Analytics
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Current Use
Lease Details
28,425 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Dollar General
Shops & Services
5,644 visits/mo
0.5 miles
Caliber Collision
Shops & Services
584 visits/mo
0.1 miles
Palio's Pizza Cafe
Dining
490 visits/mo
0.2 miles
Demographics for 75454, TX
16,252
Population
6,289
Households
2.6
Avg Household Size
33
Median Age
51%
College-Educated
95%
High-School Grad
21.4 sq mi
ZIP Area
759
Density / Sq Mi
$135,556
Median Household Income
$64,368
Median Earnings
$2,262
Median Rent
$421,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied center with NNN leases and a diversified tenant mix.
Where is this shopping center located?
The property is located at 2111 MCKINNEY ST MELISSA TX 75454 Melissa, TX.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: 12,059 SF retail center completed in 2024; 100% leased to Action Behavior Centers, Cheer Land Play & Party, and Tropical Smoothie Café; NNN lease structures with contractual annual rent increases
