For Lease
$48/SF/YR

3031 Washington DrMelissa, TX 75454

1,288 SF Retail Space in Growing Melissa, TX

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 1,288 square foot retail space is located within the vibrant Melissa Wellness Village, a newly constructed (2023) development in the rapidly expanding city of Melissa, Texas. The property is part of a multi-tenant building totaling 14,971 square feet, offering excellent visibility and accessibility. The location benefits from high traffic counts due to its proximity to three major highways: SH 121, US 75, and SH 5, ensuring convenient access for customers. Melissa is experiencing significant population growth, with a remarkable increase exceeding 34% between 2020 and 2022. This robust growth is further supported by strong average household incomes exceeding $130,000 within a three-mile radius. A significant anchor tenant, a 125,000 square foot Kroger grocery store, opened in October 2024, driving substantial foot traffic to the center. This presents a unique opportunity for businesses seeking to establish themselves in a thriving suburban market with a high-income demographic. The property is classified as Retail and Restaurant use, offering flexibility for various business types. The space is immediately available. The zip code is 75454, and the address is 3031 Washington Dr, Melissa, TX.

Highlights

  • 1,288 SF retail space in Melissa, TX's new Melissa Wellness Village (2023).
  • Multi-tenant building (14,971 SF total) with high visibility and accessibility near SH 121, US 75, and SH 5.
  • High traffic counts due to location and proximity to a new (Oct 2024) 125,000 SF Kroger.
  • Strong demographics: Melissa's population grew over 34% (2020-2022), with average household incomes exceeding $130,000 within a 3-mile radius.
  • Retail and restaurant use permitted; immediately available. Address: 3031 Washington Dr, Melissa, TX 75454.

Property Details for 3031 Washington Dr

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
14,971 SF
Year Built
2023

Unit(s) available at that property

Space
Available Space 1
Size
1,288 SF
Rate per SF
$48

Location Insight

City
Melissa
County
Collin
State
Texas
Latitude
33.285437327445
Longitude
-96.562465655696
3031 Washington Dr, Melissa, Texas

FAQs

What type of property is this?
Retail property - 1,288 SF Retail Space in Growing Melissa, TX
Where is the retail property located?
The property is located at 3031 Washington Dr Melissa, TX.
What is the lease rate?
The lease rate is $48/SF/YR.
What are key features of this property?
This property features: 1,288 SF retail space in Melissa, TX's new Melissa Wellness Village (2023).; Multi-tenant building (14,971 SF total) with high visibility and accessibility near SH 121, US 75, and SH 5.; High traffic counts due to location and proximity to a new (Oct 2024) 125,000 SF Kroger.
How can I contact the broker?
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3031 Washington Dr
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