Free Standing Tom Thumb

1940 N Hwy 77, Waxahachie, TX

Property Information

Price Summary

$ 19,387,500

Cap Rate

5 %

NOI

$ 969,375

Total Lot Size

6.76 Acres

Building Size

58,750 SF

Brad Motley

Partner

T: (817) 980-0512

Property Highlights

  • Rare Freestanding Grocery Store – New 2024 Development Tom Thumb in Waxahachie, TX – Dallas-Fort Worth Metroplex
  • 19+ Years Remaining With Minimal Landlord Responsibilities
  • Albertsons Guarantee – Second Largest Grocer in the U.S. With $80B+ in Annual Revenue
  • Built-In 5% Rent Increases Every 5 Years Throughout Primary Term and Renewal Options
  • Situated Across From Waxahachie Marketplace – A Fully Occupied Power Center Featuring Academy, TJ Maxx, Five Below, and Raising Cane’s
  • Affluent and Expanding Trade Area – $109K+ Avg. Household Income and 58,000+ Residents Within 5 Miles
  • High Visibility With 29,000+ Vehicles Per Day Along N Grove Blvd and US Hwy 77
  • Just 24 Miles South of Downtown Dallas, Strategically Positioned in One of DFW’s Fastest-Growing Submarkets

Point of Contact

Brad Motley

Partner

T: (817) 980-0512

TX #586199

Steelman Juarez

Associate Director

T: (972) 921-8464

TX #713565

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