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FULL LEASED STRIP WITH MEDICAL ANCHOR TENANT 2111 McKinney St 12,059 SF 100% Leased Retail Building Melissa, TX 75454 $10,356,525 CAD ($858.82 CAD/SF) 6.06% Cap Rate
Investment Highlights
- Recession-Resistant Corporate Anchor | Action Behavior Centers | Medically Necessary ABA Therapy | Corporate NNN Lease
- Population Nearly Doubled in 4 Years | $137,316 Median HH Income within 1 Mile | Collin County DFW
- $891,672 TIA Invested | 2.0–2.5% Annual Rent Escalations | Drive-Thru Tropical Smoothie Café
- 100% Occupied | Brand-New 2024 Construction | Zero Deferred Maintenance | Full Depreciation Available
- True NNN — Tenants Pay All Taxes, Insurance & CAM | Completely Passive Management-Free Income
Executive Summary
Legacy Ranch Plaza | Melissa, TX | $7,500,000 | 6.07% Cap | 100% NNN
A rare opportunity to acquire a brand-new (2024), fully occupied NNN strip center in one of DFW's fastest-growing submarkets — delivering $454,852 in stabilized, passive income from day one.
WHY THIS ASSET STANDS OUT:
The anchor tenant, Action Behavior Centers, operates ABA Therapy for Autism under a corporate-backed NNN lease occupying 59% of the building. ABA therapy is federally mandated and insurance-reimbursed — these tenants virtually never relocate. Complementing the anchor are Cheer Land Play & Party (10-yr NNN) and Tropical Smoothie Café with Drive-Thru (10-yr NNN, highest rent/SF at $40.50) — a powerful mix of healthcare, family entertainment, and food & beverage driving daily traffic.
THE NUMBERS:
Price: $7,500,000 | Cap: 6.07% | NOI: $454,852 | 12,059 SF | 100% Occupied | NNN | Year Built: 2024 | $891,672 TIA Invested | 2.0–2.5% Annual Rent Bumps
THE MARKET:
Population within 1 mile nearly doubled since 2020. Median household income: $137,316. Surrounded by Walmart, HEB, Kroger, Buc-ee's, Starbucks & 20+ national retailers. 28,425 VPD on McKinney Street. Texas — no state income tax.
Full OM & due diligence package available.
Vibhu Rana | 214-777-2288 | ranadfwrealty@gmail.com
A rare opportunity to acquire a brand-new (2024), fully occupied NNN strip center in one of DFW's fastest-growing submarkets — delivering $454,852 in stabilized, passive income from day one.
WHY THIS ASSET STANDS OUT:
The anchor tenant, Action Behavior Centers, operates ABA Therapy for Autism under a corporate-backed NNN lease occupying 59% of the building. ABA therapy is federally mandated and insurance-reimbursed — these tenants virtually never relocate. Complementing the anchor are Cheer Land Play & Party (10-yr NNN) and Tropical Smoothie Café with Drive-Thru (10-yr NNN, highest rent/SF at $40.50) — a powerful mix of healthcare, family entertainment, and food & beverage driving daily traffic.
THE NUMBERS:
Price: $7,500,000 | Cap: 6.07% | NOI: $454,852 | 12,059 SF | 100% Occupied | NNN | Year Built: 2024 | $891,672 TIA Invested | 2.0–2.5% Annual Rent Bumps
THE MARKET:
Population within 1 mile nearly doubled since 2020. Median household income: $137,316. Surrounded by Walmart, HEB, Kroger, Buc-ee's, Starbucks & 20+ national retailers. 28,425 VPD on McKinney Street. Texas — no state income tax.
Full OM & due diligence package available.
Vibhu Rana | 214-777-2288 | ranadfwrealty@gmail.com
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
12,059 SF
Building Class
C
Year Built
2024
Price
$10,356,525 CAD
Price Per SF
$858.82 CAD
Cap Rate
6.06%
NOI
$628,091 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.99 AC
Zoning
Commercial - Commercial
Parking
34 Spaces (2.74 Spaces per 1,000 SF Leased)
Frontage
546’ on McKinney Street
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Action Behavior Centers
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Cheer Land LLC
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Tropical Smoothie Café
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Action Behavior Centers | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Cheer Land LLC | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tropical Smoothie Café | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-13086-00A-0040-1 | Improvements Assessment | $2,074,736 CAD |
| Land Assessment | $1,082,164 CAD | Total Assessment | $3,156,899 CAD |
Property Taxes
Parcel Number
R-13086-00A-0040-1
Land Assessment
$1,082,164 CAD
Improvements Assessment
$2,074,736 CAD
Total Assessment
$3,156,899 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Vibhu Bobby Rana
FULL LEASED STRIP WITH MEDICAL ANCHOR TENANT | 2111 McKinney St
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