Property profile

3114 Mckinney St Melissa, TX 75454

OFF-MARKET
Retail properties & Spaces
8,108 SF Built 2025
Saved · see the list in your Dashboard

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

Location

3114 Mckinney St Melissa, TX 75454
Melissa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3114 Mckinney St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message