1270 FM 148
Terrell, TX 75160

The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the fee simple interest of the Shops at Terrell, a ±7,428 square foot three-tenant retail strip center located at 1270-1278 FM 148, Terrell, TX.
The Shops at Terrell completed construction in 2022 and is 100% leased to a complimentary mix of service-based businesses which includes Lotus Nail Bar, Texas Tiny Teeth Pediatric Dentistry and Orthodontics, and Jimmy John’s. All three tenants are on long term 10-year net leases which feature attractive 10% rental increases during the primary term. This opportunity will provide investors risk adjusted yields, long-term sustainable cash-flow, and protection from inflationary forces in one of the most desirable markets in the country.
The Shops at Terrell is an outparcel to a 275,000 sqft power center, Crossroads at Terrell, and is surrounded by a wide variety of national retailers and restaurants including Hobby Lobby, Academy Sports and Outdoors, Ross Dress for Less, Five Below, Ulta, Dutch Brothers Coffee, Chick-fil-a, Whataburger, Starbucks, Raising Canes, Spec’s and many more. This prominent and growing retail corridor is situated along Interstate 20 and Spur 557 and has become a hotspot for development. The tenant mix at the Shops at Terrell will benefit from immediate proximity to 1700+ existing and proposed multi-family unit apartments, the new City Convention Center & Hotel (2025 est. opening), and the 50-acre development site owned by Baylor Scott & White, the largest not-for-profit healthcare system in Texas.
The city of Terrell is in Kaufman County Texas, a rapidly growing submarket of Dallas-Fort Worth. The city has grown by nearly 30% in the past decade, and Kaufman County grew by more than 40% between 2010 and 2020. The Dallas-Fort Worth metroplex is the nation’s 4th largest metro area with 7.9 million residents and is the nation’s 5th fastest growing metro area. According to a 2023 study by Site Selection Group, DFW is projected to have a population of 8.47 million by 2028 which represents an 8.64% growth rate.