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New Retail Development in McKinney
For Lease
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5049 Wilmeth Road, McKinney, TX 75071

Retail and restaurant spaces for lease in high-growth area.

Space SizeContact for details
Property Size11,500 SF
Days on Market114

Property Features for 5049 Wilmeth Road

General Information

Standard status Active
Size 11,500 SF
Class A
Property subtype Retail, Land, Restaurant

Building Details

Building Size 11,500 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 5049 Wilmeth Road Contact us

Restaurant

Type
Restaurant, Retail
Availability
Active
Contact us

Medical

Type
Restaurant, Retail
Availability
Active
Contact us

Retail

Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: D&B Brokerage
Listed By: Mani Raveendran · License #9010247
Source: Crexi
Added: May 14 Changed: Aug 24 Last Checked: Sep 1 at 8:29AM

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 D&B Brokerage

Investment Insights

Based on property information with market context.

Shops on Wilmeth is a new retail development situated at the southwest corner of Wilmeth Road and Lake Forest Drive in McKinney, Texas. The property offers retail and restaurant spaces ranging from 1,000 to 3,500 square feet for lease. The location benefits from high traffic counts, with 3,820 vehicles per day on Wilmeth Road and 27,905 vehicles per day on Lake Forest Drive (2024). The development is strategically located near major traffic generators, including Painted Tree (3,100 rooftops), Erwin Farms (1,200 rooftops), Heatherwood (916 rooftops), Tucker Hill (625 rooftops), Robinson Ridge (600 rooftops), and Sumit View Lakes (300 rooftops). Nearby retailers include Kroger Marketplace, Costco, Hobby Lobby, Petco, Floor & Decor, and 24 Hour Fitness. The site benefits from morning and evening traffic patterns, population growth, and strong cross-traffic from surrounding residential communities and retail anchors. Expected delivery is between August 2027 and March 2028.

Key Highlights

  • Located in a high‑growth area with strong family demographics.
  • Excellent visibility and access at the corner of Wilmeth Road and Lake Forest Drive.**
  • High traffic counts: 3,820 VPD on Wilmeth Road and 27,905 VPD on Lake Forest Drive (2024).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Dental Office Nail Salon Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
6,488 visits/mo 0.1 miles
7-Eleven Shops & Services
6,034 visits/mo 0.1 miles

Demographics for 75071, TX

64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value

Market

Lease Benchmarks for McKinney, TX

$33.6 /SF/Yr
Avg Asking Price
$22–$40 /SF/Yr
Price Range
5,198 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and restaurant spaces for lease in high-growth area.
Where is this retail space located?
The property is located at 5049 Wilmeth Road McKinney, TX.
What are key features of this property?
This property features: Located in a high‑growth area with strong family demographics.; Excellent visibility and access at the corner of Wilmeth Road and Lake Forest Drive.**; High traffic counts: 3,820 VPD on Wilmeth Road and 27,905 VPD on Lake Forest Drive (2024).
(469) 451-6330 Call to check price and availability
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