Shops at Waxahachie Waxahachie, Texas

View Offering Memorandum

Shops at Waxahachie

Address

1796 N Hwy 77
Waxahachie, TX 75165

Executive Summary

Shops at Waxahachie (the “Property”) a newly constructed, three-tenant retail center prominently located along Highway 77 in Waxahachie, Texas. Situated on one of the city’s primary commercial corridors, the Property offers strong visibility, excellent access, and convenient connectivity to the surrounding trade area and continued residential growth.

Completed in 2025, the Property contains approximately 7,150 square feet and is fully leased to Jersey Mike’s, BODYBAR Pilates, and Citrus Nail Salon, providing a complementary mix of service-oriented and daily-needs tenancy. The center features modern architecture, quality storefront glass, efficient suite configurations, and ample parking, creating an attractive environment for both tenants and customers.

The Shops at Waxahachie offers investors the opportunity to acquire a stabilized, newly delivered multi-tenant retail asset with durable tenancy, long-term lease structures, built-in rent growth, and limited landlord obligations.

Investment Highlights

New 2025 Construction: Modern retail asset with minimal near-term capital needs and strong long-term durability.

100% Leased | 9.7-Year WALT: Fully stabilized with leases running through 2036, providing long-term income security and no near-term rollover.

Built-In Rent Growth: Annual contractual escalations across all leases support steady organic NOI growth.

Internet-Resistant Tenant Mix: Diversified blend of food, fitness, and personal services generating recurring daily traffic.

Highway 77 Visibility: Prime frontage along a major Waxahachie corridor with strong access and surrounding residential growth.

NNN Lease Structure: Passive ownership with tenants responsible for taxes, insurance, and CAM.

Grocery-Anchored Retail Momentum: Located within an expanding retail corridor highlighted by new single-tenant development and a Tom Thumb anchor, driving consistent consumer traffic.

Strong Demographics & Rooftop Growth: Rapid residential expansion supports sustained demand for daily needs retail and services.