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The Crossroads at Terrell is a 260,877-square-foot, multi-tenant power center located in Terrell, Texas. Anchored by Hobby Lobby and Academy Sports + Outdoors, the center features a strong mix of national and regional retailers with staggered lease expiration dates, and the majority include scheduled rent increases. The Crossroads at Terrell is fully leased with triple-net leases, and most tenants have five to ten years remaining on the primary term. The shopping center is comprised of five multi-tenant buildings and one single-tenant building (Buffalo Wild Wings) featuring attractive architecture, situated on combined 29.33 acres with ample paved parking.
The Crossroads at Terrell is in a prime location, positioned at the intersection of FM 148 and Crossroads Parkway with close access to Interstate 20, a major east-west highway in the Southern United States. The center is located in a dense retail trade area, neighbored by numerous national and regional retailers including Film Alley Theatre, Chick-fil-A, Dutch Bros Coffee, Spec’s, Texas Roadhouse, Olive Garden, Chuy’s, Twin Peaks, Freddy’s Frozen Custard & Steakburgers, Raising Cane’s, Starbucks, Buc-ee’s, Discount Tire, Whataburger, and many more. The property is less than five miles west of The Shops at Terrell outlet mall, featuring national tenants such as Nike, Gap Factory Outlet, Old Navy, Levi’s, Addidas, Crocs, and many more. The Crossroads at Terrell is located in a high growth area benefiting from nearby multi-family and single-family developments. Directly behind The Crossroads at Terrell is the recently constructed 270-unit Magnolia Grove Apartments. The Southerly multi-family development is located directly behind the center and features 300 units in six multi-story buildings, scheduled to complete in September 2024.
- 260,877-Square-Foot, Multi-Tenant Power Center Located in a Prime Retail Corridor in a High Growth Area
- Anchored by Academy Sports + Outdoors and Hobby Lobby
- 93% of the GLA is Leased to National or Regional Tenants | 50% of the GLA are Leased to Publicly Traded Companies
- 100% Leased | All Leases are Triple-Net | Majority Include Scheduled Rent Increases, Providing Year-Over-Year Income Growth
- Property Consists of Eight Multi-Tenant Buildings and One Single-Tenant Building Situated on Three Land Parcels Totaling of 29.33 Acres
- Potential Future Upside in Spinning Off Pad Sites
- Highly Visible Location at the Intersection of FM 148 and Crossroads Parkway | Close Proximity to Interstate 20 (Major East-West Highway with 61,768+ Vehicles per Day)
- Neighboring Traffic Drivers Include Buc-ee’s, Film Alley Theatre, Chick-fil-A, Starbucks, Spec’s, and Numerous Other Retailers | Less Than Five Miles from The Shops at Terrell, a 177,800-Square-Foot Outlet Center Featuring Nike, Old Navy, Gap, Levi’s, and More
- Adjacent to Nearby Multi-Family Residence Developments | Directly in Front of Magnolia Grove Apartments (270 Units) and The Southerly Apartments (300 Units, Currently Under Construction)
- Northspur Development is Planned Along US-80 Between Terrell and Forney | a 700-Acre Master-Planned Community with Approximately 1,500 Single-Family Homes
- Terrell is Located in the Fastest-Growing County in the Nation (Kaufman County)
- Location Benefits from Close Proximity to Canton First Monday Trade Days (26 Miles East of Terrell) | 2.1 Million Visitors Annually
