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Storefront Property with Net Lease
For Sale
$4,210,909

214 Market Center Drive, Terrell, TX 75160

CommercialSale, Terrell, TX

Property SizeContact for details
Lot Size1.07 Acres
Days on Market102

Property Features for 214 Market Center Drive

General Information

Property type Commercial Sale
Property subtype Retail
Property condition Under Construction
Zoning description PD
Parking features Parking Lot, On Street
Security features Security
Subdivision Terrell Market Center Add
Lot features Corner Lot
Directions From the intersection of US Hwy 80 & Spur 557, travel east on US Hwy 80 for about 3.1 miles. Then, turn right onto FM 148 and continue for about 1.8 miles. Turn left onto Walker Way. Property will be on the left.
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
Legal Description TERRELL MARKET CENTER ADD, BLOCK 1, LOT 7

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
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 Agency: Drake Real Estate
Listed By: Matthew Marshall · License #75703
Added: May 15 Changed: Aug 21 Last Checked: Aug 24 at 12:06AM
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.

This storefront property is under construction with a 2025 build year and a 1.07-acre site. The improvements are planned with stucco construction, a flat roof, central electric heating and cooling, and parking available in a lot and along the street. Public water and sewer serve the property.

The asset is subject to a 15-year net lease and carries a 6.6% cap rate. It is positioned across from Crossroads at Terrell, a retail destination reporting 7.7 million annual visits, with national retailers including Ross, ULTA, Academy, Hobby Lobby, Petco, and Film Alley nearby. The property fronts a retail corridor along I-20 reporting more than 70,000 vehicles per day and is located at the I-20 and US-80 connection.

Key Highlights

  • 15‑year net lease with a 6.6% cap rate
  • 1.07‑acre storefront property under construction with a 2025 build year
  • Planned Development zoning with public water and public sewer

Property Analytics

Current Use

Storefront properties

Lease Details

70,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
1M
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 25% Apparel 15% Groceries 3%
Buc-ee's Shops & Services
460,017 visits/mo 0.1 miles
Academy Sports + Outdoors Apparel
57,732 visits/mo 0.4 miles
Hobby Lobby Shops & Services
48,602 visits/mo 0.4 miles
Marshalls Apparel
43,191 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
43,078 visits/mo 0.2 miles

Demographics for 75160, TX

26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront asset under construction with Planned Development zoning and public water and sewer service.
Where is this storefront 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: 15‑year net lease with a 6.6% cap rate; 1.07‑acre storefront property under construction with a 2025 build year; Planned Development zoning with public water and public sewer
More about this property
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