N Hwy 77 1940, Waxahachie, TX
New 2024 Tom Thumb development with long-term lease.
- Added:
- Oct 21, 2025
- Days on Market:
- 232
- Last Refresh:
- May 20 at 8:31 pm
Property Features for N Hwy 77 1940
General Information
- Standard status
- Active
- Size
- 58,750 SF
- Lot size
- 6.79 Acres
- Property subtype
- RETAIL
Properties For Sale
at N Hwy 77 1940 Contact us
Listing agent Brad Motley
Listing office Trinity Real Estate Investment Services - Corporate (817) 304-8916
Listing date Oct 21, 2025
Source Moodyscre
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 Trinity Real Estate Investment Services - Corporate
HighLights
- New 2024 Development Tom Thumb Grocery Store
- Rare Freestanding Grocery Store
- 19+ Years Remaining on Lease
- Minimal Landlord Responsibilities
- Albertsons Guarantee
- Located in Waxahachie, TX – Dallas‑Fort Worth Metroplex
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.47M | $24.96 |
| − Vacancy | −$66.0k | −$1.12 |
| EGI | $1.40M | $23.84 |
| − OpEx | −$350.1k | −$5.96 |
| NOI | $1.05M | $17.88 |
Alternative Uses
Current Use by Public Records
Map
- City
- Waxahachie
- County
- Ellis
- State
- Texas
- Longitude
- -96.8544
- Latitude
- 32.34
