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Description

The Ficke Team of Colliers presents the opportunity to acquire the fee simple interest in the Shops at Waxahachie, a newly constructed ±10,705-square-foot retail center in Waxahachie. Completed in 2025, the property features a strong mix of national and regional tenants including Einstein Bros. Bagels, Smoothie King, CityVet, ATI Physical Therapy, and Cinnaholic, all secured on 10-year NNN leases with scheduled rent increases commencing in 2026. Situated on approximately 1.10 acres, the center includes 61 parking spaces and a 9-car stack drive-thru end cap, offering a stable, passive income stream for investors. The asset is strategically positioned at the signalized intersection of N Grove Blvd and N Highway 77, benefiting from over 35,000 vehicles per day and is shadow-anchored by Tom Thumb, while also being in close proximity to Waxahachie Marketplace, home to tenants such as Academy Sports + Outdoors, TJ Maxx, Five Below, and Ulta Beauty. Additional surrounding retail drivers include H-E-B, Walmart Supercenter, Atwoods, Target, Lowe's, The Home Depot, and Hobby Lobby, reinforcing the property’s position within a dominant retail corridor and supporting long-term investment stability.

Listing Details

  • Cap Rate

    6%

  • Tenancy

    Multi

  • Space Type

    retail

  • Sub Category

    restaurant

  • Sale Type

    Investment Sale

  • Date Listed

    4/21/2026

  • Ownership Info

    Fee Simple

  • Net Operating Income

    $447,300

  • Building FAR

    0.25

Property Specifics

  • Property Name

    1995 N Highway 77

  • Property Class

    B

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    2025

  • Building Size

    12,000 SF

  • Lot Size

    1.1 Ac

  • APN

    262424

  • Occupancy

    100%

Property Amenities

Location Amenities

Airport
Commuter Rail
Public Transportation