0 Sec Of Washington Dr & Harrison St Melissa, TX 75454
This exceptional 6,241 square foot retail center in Melissa, Texas, offers a unique opportunity for multiple tenants. Located at the intersection of Washington Drive and Harrison Street, this new construction boasts a highly visible location directly across from a newly built Kroger grocery store. The property is surrounded by a robust mix of national retailers, including Starbucks, McDonald's, Braum's, Burger King, Taco Bell, Golden Chick, Jersey Mike's, Smoothie King, and Sherwin-Williams, ensuring high foot traffic and brand synergy. The building is divisible into spaces starting at 1,450 square feet, making it ideal for a variety of restaurant and retail concepts. Situated in Collin County, this property benefits from Melissa's impressive growth, experiencing approximately a 34% population increase between 2020 and 2022. This thriving suburban market presents a compelling investment opportunity in a rapidly expanding area with strong demographics and established retail presence. The property consists of one building and is currently available for pre-leasing. This is a rare chance to secure a prominent position in a high-demand location within a dynamic and growing community. Contact us today to learn more about leasing options and secure your space in this exciting development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.