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Walmart Shadow Anchored Retail 1815 McKinney St 1,440 - 7,308 SF of 4-Star Retail Space Available in Melissa, TX 75454
Highlights
- Located at the intersection of State Highways 5 and 121 with strong regional connectivity.
- Surrounded by ongoing residential developments fueling retail demand.
- Within walking distance to Walmart and close proximity to new H-E-B and Buc-ee’s stores.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,440-7,308 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1815 McKinney St is an upcoming retail project at the northwest corner of State Highway 121 and State Highway 5 in the growing city of Melissa, TX. This modern development provides high-visibility frontage along major thoroughfares with excellent connectivity to US-75, making it an attractive destination for retailers and service concepts. The site allows for up to 7,308 SF of retail space, including an endcap with drive-thru capability, catering to both quick-service restaurants and convenience-oriented tenants. Positioned directly across from Walmart and near major retailers such as H-E-B and Buc-ee’s, the property benefits from consistent traffic and synergies with established anchors. New residential growth, including hundreds of planned lots and major developments, underpins strong consumer demand. Traffic counts exceed 39,500 VPD on TX-121, placing this property in a highly traveled corridor with long-term growth potential.
- Partially Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 7,308 SF | Gross Leasable Area | 16,830 SF |
| Min. Divisible | 1,440 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Under Construction |
| Property Subtype | Storefront |
| Total Space Available | 7,308 SF |
| Min. Divisible | 1,440 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 16,830 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
About the Property
The property is positioned at 1815 McKinney Street in Melissa, TX at the northwest intersection of State Highway 121 and State Highway 5. It lies adjacent to US-75 and across from existing Walmart with H-E-B and Buc-ee’s located nearby. Construction is scheduled for delivery in late 2026. Traffic counts reported by TxDOT indicate 7,980 vehicles per day along McKinney Street and over 39,000 vehicles daily along TX-121 corridors. The immediate area includes expanding residential developments such as Auburndale, Berry Farms, and Liberty, as well as established retail services.
- 24 Hour Access
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Awning
Nearby Major Retailers
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Walmart Shadow Anchored Retail | 1815 McKinney St
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