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3820 State Hwy 31 W, Corsicana, TX

New construction retail building with a long-term tenant.

Property Size3,500 SF
Lot Size1.66 Acres
Price / SF$816
Days on Market306

Property Features for 3820 State Hwy 31 W

General Information

Standard status Active
Size 3,500 SF
Lot size 1.66 Acres
Property subtype OFFICE
Listing Agency: Real Capital Investments
Listed By: Randy Bell · License #632534
Source: Moodyscre
Added: Oct 7, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:59PM

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 Real Capital Investments

Investment Insights

Based on property information with market context.

This new construction retail property features Aspen Dental's latest prototype design. The 3,500 square feet building is situated on a 0.70 acre parcel with 28 parking spaces. The property benefits from a high-traffic location with excellent access and visibility to State Hwy 31 West, with more than 14,700 vehicles per day, and over 8,900 vehicles per day on N. 45th St (FM-2555). It is located in the strongest retail corridor of Corsicana, strategically positioned directly across from a Walmart Supercenter. The property is surrounded by many national retailers including a brand-new Academy Sports & Outdoors, Walmart, McDonald’s, Jersey Mike’s, and Chase Bank. The location benefits from over 5.9 million square feet of industrial and office space and 2.7 million square feet of restaurant and retail within a 5-mile radius, resulting in a high daytime population of more than 1,200 businesses and 12,000 employees. The property is approximately 1.1 miles from Navarro Community College with more than 9,000 students enrolled and over 400 faculty & staff members. Over 28,000 people reside within a 5-mile radius of the property with an average household income exceeding $80,000 annually. There are also 10 grade schools within a 5 mile radius with more than 6,400 students and faculty.

Key Highlights

  • Brand new 10 year nn lease with three (5‑year) options to renew, offering stable cash flow.
  • 10% rental increases every 5 years throughout the initial term and option periods.
  • New construction featuring Aspen Dental’s latest prototype design.

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
Well-served
Demand for This Use

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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Similar Off Market Nearby

  • GNC 3811 State Hwy 31 W, Corsicana, TX 75110
  • Walmart Pharmacy 3801 TX-31, Corsicana, TX 75110

Frequently Asked Questions

What type of property is this?
Drug store - New construction retail building with a long-term tenant.
Where is this drug store located?
The property is located at 3820 State Hwy 31 W Corsicana, TX.
What is the asking price?
The asking price for this property is $2,856,000.
What are key features of this property?
This property features: Brand new 10 year nn lease with three (5‑year) options to renew, offering stable cash flow.; 10% rental increases every 5 years throughout the initial term and option periods.; New construction featuring Aspen Dental’s latest prototype design.
(214) 380-3670 Call to check price and availability
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