Princeton 380 Retail Center 1530 W Princeton Dr Local commercial 802 m² 100 % Loué À vendre Princeton, TX 75407 5 080 441 € (6 330,80 €/m²) Taux de capitalisation 6 %

Princeton 380 Retail Center is a new developed, 8,638 square foot four tenant drive thru retail asset positioned along the extremely desirable Highway 380 corridor in high-growth DFW submarket of Princeton, Texas. Situated east of U.S. Highway 75, the Property is minutes from McKinney and 50 minutes northeast of Downtown Dallas. Situated on 1.32 acres, Princeton 380 Retail Center is 100% leased to complimentary tenant lineup which includes Swig (drive-thru end cap), The UPS Store, Kumon and Pediatric Dentistry of Princeton. The Property features an average base lease expiration is October 2037 with each of the tenants experience annual built in escalations throughout their terms including renewal options. Princeton 380 Retail Center benefits from strong fundamentals with masonry construction, a drive thru end cap for Swig, shallow bay depth, a two sided monument sign, an average suite size of 2,160 square feet providing strong residual value and parallel positioning to US Highway 380. The average household income exceeds 117,800, 112,500 and 115,000 in a one, three and five mile radius, respectively. Nearby national retailers include Market Street, Walmart Supercenter, CVS Pharmacy, Starbucks, Dutch Bros Coffee, Panda Express, AutoZone, McDonald’s, Taco Bell, Subway and 7-Eleven, among numerous others.