CBRE Retail – TX & OKCrossroads at Terrell

Property Info

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1260 FM 148 (I-20 & US80) Terrell, TX 75160  Map

For Lease

Rate RangePlease call for rates.

Gross LeasablePhase 1 275,000 sf shopping center development including big box tenants, shops, restaurant, and pad sites on 255+ acres

Property Highlights

  • 275,000 SF Phase 1 Development opening in Spring of 2019. Tenants include Film Alley, Hobby Lobby, Ross, Famous Footwear, Burkes Outlet, Ulta, Marshall’s, Petco, and Academy (proposed).
  • Shop space available for Q2 2019 delivery
  • Buc-ee’s Travel Stop at intersection drives 6,500+ vehicles per day and is #3 Buc-ee’s in chain
  • Adjacent to future Baylor Health Care center with 50+ acre campus
  • Adjacent to future 270-unit residential complex and future city convention center
  • Double diamond interchange allows for convenient access from all directions
  • 255-acre tract size provided potential for 1,000,000+ SF power center, along with mixed uses, including restaurants, hotels, office, service uses, and multi-family
  • 18 pad site deals executed between 2015 and 2018 with many more pad opportunities available

Market Info

  • Located in Kaufman County, the fastest growing county in North and East Texas, the 4th fastest growing county in Texas, and the 11th fastest growing county in the USA
  • Site sits at the convergence of US 80 (via Spur 557) & I-20. Highest traffic count along I-20 between DFW Metroplex and Shreveport, LA
  • Dynamic regional trade area that services all of Kaufman & Van Zandt counties will make this development primary retail and commercial hub for the region. Trade area population exceeds 230,000
  • Closest retail concentration to the east is Tyler, TX which is 70 miles away
  • Draws from growing Forney market to the west
  • Trade area demographics mirror those of Weatherford, TX
  • Retail and restaurant sales volumes to the west in Mesquite, TX are compelling
  • Walmart in town off of the highway does in excess of $110,000,000 in sales annually ++ Exponential residential growth to continue in Kaufman County due to Municipal Utility Districts (MUDS)
  • View Google Earth Master Plans
  • View Aerial Video

Traffic Counts

Spur 557

FM 148

I-20

I-20 (before split)

counts dated 2016

32,553 vpd

10,423 vpd

28,003 vpd

59,447 vpd

2018 Demographic Summary

VARIABLE

Total Population

Avg HH Income

% Population Growth 2010-2018

Trade Area

231,231

$78,488

1.85%

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Last updated: December 18, 2018

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