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1995 N Highway 77 12,000 SF 100% Leased Retail Building Waxahachie, TX 75165 $10,160,717 CAD ($846.73 CAD/SF) 6% Cap Rate
Investment Highlights
- 2025 Development
- Dallas-Fort Worth MSA
- Shadow-anchored to New Tom Thumb
- 10 Year WALT
- High Traffic Retail Corridor
- Corporate Backed Leases
Executive Summary
The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the fee simple interest of the Shops at Waxahachie, a ±10,705 square foot retail center located in Waxahachie, Texas.
The Shops at Waxahachie is a brand-new 2025 development that with a complimentary mix of national and regional tenants including Einstein Bros. Bagels, Smoothie King, CityVet, ATI Physical Therapy and Cinnaholic. All tenants are 10-year NNN leases. All leases feature scheduled rent increases and will commence in 2026. The property is situated on a ±1.10-acre lot with 61 parking spaces and is equipped with a 9-car stack drive thru end cap. The investment opportunity provides a long-term stable income stream, ideal for a passive investor.
The Shops at Waxahachie is ideally located near the signalized, hard corner intersection of N Grove Blvd and N Highway 77 which combines to see over 35,000 vehicles passing by daily. The property is shadow anchored by a newly opened Tom Thumb grocery store development and is near the Waxahachie Marketplace, a 155,000 square foot shopping center that features tenants such as Academy, TJ Maxx, Five Below, and Ulta. Additionally, the property benefits from other nearby retail destinations such as HEB, Walmart Supercenter, Atwoods, Target, Lowe’s, Home Depot, Hobby Lobby, and more.
The Shops at Waxahachie is a brand-new 2025 development that with a complimentary mix of national and regional tenants including Einstein Bros. Bagels, Smoothie King, CityVet, ATI Physical Therapy and Cinnaholic. All tenants are 10-year NNN leases. All leases feature scheduled rent increases and will commence in 2026. The property is situated on a ±1.10-acre lot with 61 parking spaces and is equipped with a 9-car stack drive thru end cap. The investment opportunity provides a long-term stable income stream, ideal for a passive investor.
The Shops at Waxahachie is ideally located near the signalized, hard corner intersection of N Grove Blvd and N Highway 77 which combines to see over 35,000 vehicles passing by daily. The property is shadow anchored by a newly opened Tom Thumb grocery store development and is near the Waxahachie Marketplace, a 155,000 square foot shopping center that features tenants such as Academy, TJ Maxx, Five Below, and Ulta. Additionally, the property benefits from other nearby retail destinations such as HEB, Walmart Supercenter, Atwoods, Target, Lowe’s, Home Depot, Hobby Lobby, and more.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,000 SF
Building Class
B
Year Built
2025
Price
$10,160,717 CAD
Price Per SF
$846.73 CAD
Cap Rate
6%
NOI
$609,643 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.10 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 262424 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,270,638 CAD | Total Assessment | $1,270,638 CAD |
Property Taxes
Parcel Number
262424
Land Assessment
$1,270,638 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,270,638 CAD
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1995 N Highway 77
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