Midlothian, TX - Shops on Main

Description:

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding multi-tenant retail building investment property located in Midlothian, Texas. The offering features a strong food and service-based tenant lineup. The tenants operate under leases that are NNN in nature, limiting expense leakage for a future investor. This new construction building features elevated design and utilizes high-quality materials. The property is at 100% occupancy, providing a stable cash income stream, ideal for a future passive investor.

The Shops on Main are strategically positioned at the high-traffic, signalized intersection of George Hopper Rd and US Hwy 287, which sees an average of over 10,830 vehicles passing by daily. US Hwy 287 is a key retail corridor for Midlothian, with the property directly across from a 50,000+ square foot Brookshire’s grocery store and adjacent to a future Holiday Inn Express hotel. Additionally, the site is near Midlothian Plaza, a 70,000+ square foot shopping center featuring a mix of local and national tenants. The location benefits from strong tenant synergy, with neighboring national brands such as Walmart Supercenter, Walgreens, Kroger, AutoZone, Waffle House, and Whataburger, which drive significant consumer traffic to the area. This tenant mix enhances consumer draw and cross-store exposure. The 5-mile trade area is supported by a population exceeding 47,500, with an average household income of $141,115.