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    OFF-MARKET
    Retail properties & Spaces

    3114 Mckinney St, Melissa, TX 75454

    8,108 SF Built 2025
    Property ID
    Property summary
    AI-generated overview

    McKinney Plaza, a Class A, single-story building totaling 8,108 square feet, offers exceptional retail and medical office space in the thriving Melissa, Texas market. Located at 3114 McKinney St, directly off Hwy 5/McKinney Street, this property boasts unparalleled visibility and accessibility. Currently under construction with a completion date of March 2025, this mixed-use development provides one suite, divisible to a minimum of 1,500 square feet and up to the entire 8,108 square feet. Ideal for a variety of uses including retail, office, or medical office space, the space will be delivered in shell condition. The property benefits from its strategic location near major retailers such as Kroger Marketplace (one mile), Buc-ee's (five minutes), and HEB (1.5 miles), ensuring high traffic and strong consumer presence. Asking rent is $30 per square foot annually, plus estimated NNN charges of $10 per square foot annually. This presents a unique opportunity to establish a presence in a rapidly expanding area of Melissa, Texas, with excellent visibility and proximity to key amenities. The zip code is 75454.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2025
    Total area 8,108 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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