555 SOUTH PRESTON ROAD
Property is 100% leased to a complementary mix of service tenants all three (3) tenants experiencing
Marketing description
Price adjustment $4,100,000.00
New Construction Retail Center in the Booming Affluent North Dallas Sub-market of Celina, TX
Investment highlights
Prestige Plaza of Celina II (the “Property”), a 7,990 square foot new construction
retail asset located on Preston Road in the affluent and booming submarket of
Celina, Texas. With an average base lease expiration of January 2030, the Property
is 100% leased to a complementary mix of service tenants all three (3) tenants
experiencing built in annual rent escalations. Prestige Plaza of Celina II benefits
from full masonry construction, shallow bay depth, a greenspace courtyard for
Langan Engineering and dual storefronts for all three (3) tenants allowing suite
access from either side of the building. Celina is an affluent and rapidly growing
Northern Dallas suburb as evidenced by the population having increased by over
1,034% since the year 2000.
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