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NNN Retail Property
For Sale
$4,210,909

214 Market Center Dr, Terrell, TX 75160

Commercial Sale, Terrell, TX

Property SizeContact for details
Lot Size1.07 Acres
Days on Market219

Property Features for 214 Market Center Dr

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Lot features Inside City Limits, Major Arteries, Shopping Center
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
Lot size 1.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TERRELL MARKET CENTER ADD, BLOCK 1, LOT 7
Legal Description TERRELL MARKET CENTER ADD, BLOCK 1, LOT 7

Utilities

Water source Public

Building Details

Year built 2025
Building materials Stucco
Listing Agency: Drake Real Estate & Investments
Listed By: Brent Bradberry · License #0715170
Added: Jan 16 Changed: Aug 20 Last Checked: Aug 23 at 4:06PM
MLS# 26000781

Copyright © 2026 Greater Tyler Association of Realtors. 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 NNN retail property is under construction with completion identified for 2025. The asset occupies 1.07 acres, carries Planned Development zoning, and has public water service. A 15-year net lease is in place, with a reported 6.6% cap rate.

The property is located at 214 Market Center Dr in Terrell, Texas, across from Crossroads at Terrell, a retail destination reporting 7.7 million visits. Surrounding retailers include Ross, ULTA, Academy, Hobby Lobby, Petco, and Film Alley. The site fronts a retail corridor along I-20 with reported traffic exceeding 70,000 vehicles per day and is positioned along the I-20 and US-80 connection between DFW and East Texas.

Additional nearby development includes a 300-plus-acre mixed-use project and more than 1,300 new apartments next door.

Key Highlights

  • 15‑year net lease with a reported 6.6% cap rate
  • 1.07‑acre retail property in Terrell, TX
  • Planned Development zoning and public water service

Property Analytics

Current Use

Storefront properties

Lease Details

70,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
1M
Monthly Visits Nearby

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?
NNN property - Under-construction commercial asset with a long-term net lease and planned development zoning.
Where is this nnn property located?
The property is located at 214 Market Center Dr 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 reported 6.6% cap rate; 1.07‑acre retail property in Terrell, TX; Planned Development zoning and public water service
More about this property
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