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McKinney Plaza 3114 McKinney St
1,500 - 5,050 SF of Retail Space Available in Melissa, TX 75454
Highlights
- Retail, Office, Medical Office use
- Excellent location directly off Hwy 5/McKinney St - High traffic counts
- Parking count: 53 spaces
- Under construction, shell to be delivered in March of 2025
- 1500-5050 sf available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-5,050 SF | Negotiable | $42.66 CAD/SF/YR $3.56 CAD/SF/MO $459.19 CAD/m²/YR $38.27 CAD/m²/MO $17,953 CAD/MO $215,433 CAD/YR | Triple Net (NNN) |
1st Floor
Under construction mixed-use development located directly on Hwy 5/McKinney St in Melissa. Retail, office, or medical office. Asking rent is $30 psf/yr plus NNN's (estimated at $10 psf/yr). Completion March 2025, will be delivered as a shell.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
- Excellent location off McKinney Street/Hwy 5
- High Visibility
- Can be used for retail/office/medical
- 1500-5050 SF available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3114 McKinney St , Melissa, TX 75454
| Min. Divisible | 1,500 SF | Gross Leasable Area | 8,108 SF |
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Construction |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,108 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
About the Property
McKinney Plaza is a mixed-use development currently under construction in the dynamic growth area of Melissa, Texas. Because it is located directly off Hwy 5/McKinney Street, it is easily accessible and provides excellent visibility for tenants. Join the many new businesses expanding into the area, Kroger Marketplace (1 mile), Buc-ees (5 mins) and HEB (1.5 miles) to name a few. This space can be used for retail, office, or medical office. Asking rent is $30 psf/yr plus NNN's, which are estimated to be $10 psf/yr. The space will be delivered in shell condition in March of 2025.
Nearby Major Retailers
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McKinney Plaza | 3114 McKinney St
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