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Spanish Schoolhouse 2115 McKinney St 7,737 SF Retail Building Melissa, TX 75454 $5,683,565 CAD ($734.60 CAD/SF) 6% Cap Rate
Investment Highlights
- Abs NNN Lease with Significant Tenant Investment
- Premier Spanish Immersion Education Provider with Proven Model
- a Rapidly Expanding Retail Corridor
- Complementary, Family-Focused Tenant Synergy
- High-Growth Submarket in Dallas’ Path of Expansion
- Affluent Demos and Family-Oriented Community
Executive Summary
Follow the rooftops, follow the growth. This new construction Spanish Schoolhouse sits in the heart of Melissa, TX, a high-income Dallas suburb experiencing rapid residential and retail expansion. Positioned along the main commercial corridor and surrounded by major national retailers like H-E-B, Walmart, and Buc-ee’s, the property is directly in the path of northward growth. With strong family-driven traffic, an absolute NNN lease, and significant tenant investment, this is a clean, hands-off play in a market where population and income growth are doing the heavy lifting.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
7,737 SF
Building Class
B
Construction Status
Proposed
Price
$5,683,565 CAD
Price Per SF
$734.60 CAD
Cap Rate
6%
NOI
$341,014 CAD
Tenancy
Single
Building Height
1 Story
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 14,000 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,000 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 14,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Nearby Major Retailers
1 of 2
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Spanish Schoolhouse | 2115 McKinney St
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