Property profile

507 Us-77 Waxahachie, TX 75165

OFF-MARKET
Retail properties & Spaces
197,576 SF Built 1987
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Property summary

AI-generated overview

Northgate Plaza Shopping Center in Waxahachie, Ellis County, offers exceptional office space opportunities within a thriving retail environment. This single-story, Class B building, constructed in 1987, totals 197,576 square feet and comprises 41 suites. Currently, 30,651 square feet of office space is available, divisible into units ranging from a minimum of 1,196 square feet to a maximum contiguous space of 12,713 square feet. The property benefits from a strong tenant mix, including established national and local businesses. Notable tenants within the center include Gold's Gym, Big Lots, Urban Trampoline Park, Super Garcia Meat Market, Aaron's, Verizon, Century 21, and Hideout Bar and Grill. Conveniently located, the center enjoys high visibility and accessibility, with complementary businesses such as HEB Grocery (across the street) and Aldi (next door). Additional nearby retailers and restaurants include Walmart, Hobby Lobby, Harbor Freight, Starbucks, Braum's, Dickey's BBQ, and Cotton Patch Cafe. Pad sites are occupied by Applebee's, AT&T, Burger King, and Schlotzky's. Leases are offered on a Modified Gross basis, providing tenants with the advantage of stable, predictable expenses without annual increases typically associated with NNN leases. This presents a unique opportunity for businesses seeking flexible, well-located office space in a dynamic and growing market. The property's strong tenant base and prime location make it an attractive investment for businesses of all sizes.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 197,576 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

507 Us-77 Waxahachie, TX 75165
Waxahachie metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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