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31684251
31684250

960 W Exchange Pkwy, Allen, TX 75013

TA
TX 617806
SHOP Companies Dallas
SK
TX 845275
SHOP Companies Dallas
Listed by SHOP Companies Dallas
$7,939,000
113 days on market
Updated 1 day ago

Village at Allen Twin Creeks

Details
Property Type Retail
Sub Type Storefront
Square Footage 13,758
Units 5
Cap Rate 6.3%
NOI $500,202
Occupancy 100%
Tenancy Multi
Brand/Tenant Koelker Dental, Ship Xpress + (+3)
Lease Type NNN
Remaining Term 9
Rent Bumps Yes
Pro-Forma Cap Rate 5.94%
Pro-Forma NOI $471,338
Price per SqFt $577
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 4.410
Investment Type Stabilized

Village at Allen Twin Creeks | 2026 Construction | 13,758 SF | Allen, TX (DFW)

Marketing description

Village at Allen Twin Creeks is a newly constructed 13,758 square foot, six-tenant neighborhood retail asset consisting

of one building in the affluent and dense northern Dallas/ Fort Worth submarket of Allen. Located off the well-traveled intersection of West Exchange Parkway and North Watters Road, the Property benefits from excellent visibility and experiences traffic volumes in excess of 55,500 vehicles per day. West Exchange Parkway intersects with US-75 (Central Expressway) less than 0.5 east of the Property, giving Village at Allen Twin Creeks regional access to the rest of the DFW Metroplex. The Property is 100% leased to complementary tenant mix including Koelker Dental, Vedora Nail Lounge, Food Street, Ship Xpress+, and Corazon y Fuego Cocina Latina. The Property features an average base lease term expiration of June 2035 with each of the tenants experiencing escalations through their primary terms. Village at Allen Twin Creeks benefits from strong fundamentals with an average suite size of 2,396 square feet providing strong residual value and multiple ingress/ egress points along West Exchange Parkway and North Watters Road. In a 2-mile radius, over 7.5M SF of retail GLA is anchored by notable national tenant retailers including Walmart Supercenter, Target, Dick’s Sporting Goods, Best Buy and TJ Maxx & HomeGoods amongst others.

Investment highlights

▪ 2026 Construction, 13,758 SF, 6-Tenant Retail Asset Located in the Dense & Affluent Northern DFW Submarket of Allen, TX

▪ Positioned at the Signalized Intersection of Exchange Pkwy & North Watter Road, Neighboring Walmart Supercenter

▪ 100% Leased to a Relevant Tenant Mix with Koelker Dental, Vedora Nail Lounge, Food Street, Ship Xpress+ & Corazon y Fuego Cocina Latina

▪ All Existing Tenants Experiencing Annual Rent Bumps During Primary Term

▪ Over 7.5MM SF of Retail GLA in a 2 Mile Radius

▪ Seconds from US 75 (174,900+ VPD) Connecting to Sam Rayburn Tollway (75,300+ VPD)

▪ Minutes from Fairview Plaza Town Center (640K SF), Allen Premium Outlets (400K SF) & Stacy Green Mixed-Use Development (210k SF Retail GLA at Completion)

▪ Allen Ranked in the Top .03% of Best Suburbs to Live in America (2025, Niche)

Listing Contacts

TA
TX 617806
SHOP Companies Dallas
SK
TX 845275
SHOP Companies Dallas
Listed by SHOP Companies Dallas

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$500,202.00
$41,683.50/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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Additional Information

Name
Suhi Kosuri
License
845275
Brokerage Phone
2146762525
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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