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31179788
31179789

409 E Princeton Dr, Princeton, TX 75407

Astra Realty
Listed by Astra Realty
$1,850,000
82 days on market
Updated 14 days ago

Square One 380

Details
APN R1203138
Property Type Retail, Land
Sub Type Commercial, Shopping Center (+1)
Square Footage 47,480
Tenancy Vacant
Lease Type NNN
Price per SqFt $39
Year Built 1985, 1986
Buildings 2
Stories 1
Lot Size (SqFt) 47,480
Zoning Contact City
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Acreage Off E. Princeton Dr./US 380 In Princeton - Prime Location

Marketing description

Prime Commercial Sale Opportunity in Booming Princeton, Texas Right off the highly-trafficked US 380 / E. Princeton Drive corridor in prestigious Collin County. This rapidly expanding hotspot has more than doubled its population in recent years, earning the title of America's fastest-growing city from 2020-2024. With 37,019 residents in 2024, a strong median household income of $90,809 (average $107,221), and a young median age of 33.2, Princeton is exploding at 8x the national growth rate. Projections show it could reach 2.4 million residents by 2050, making it a top destination to "live, invest, and build".

Superb visibility along E. Princeton Dr. with 2 parcels for consideration totaling 265.34 linear feet (approx.) of frontage and 1.090 acres. The properties are surrounded by major retailers and services, including Walmart Supercenter, CVS, Ace Hardware, USPS, FedEx, Sonic, Taco Bell, AutoZone, McDonald's, 7-Eleven, U-Haul, Princeton City Hall, and Princeton High School, just to name a few. TxDOT traffic count maps show VPD between 30,324 - 33,450.

Two well-positioned buildings await: one at 2,112 SF and another at 3,520 SF, with ample parking and easy access via Highway 5, Sam Rayburn Tollway (Hwy 121), I-75, and US 380 east/west. Future expansions-including the US 380 Bypass - will reroute heavy traffic, reduce congestion, and unlock even more development potential.

The two parcels are for sale. The asking price for the two parcels are combined to total $1,850,000. Terms are negotiable. This property can be considered a single or multiple buyer opportunity.

Just 48 miles from DFW Airport, 43 miles to Dallas Love Field, 41 miles to downtown Dallas, and only 9.2 miles to McKinney National Airport (TKI) - this is your chance to secure space in one of North Texas' hottest growth corridors.

Buyer and/or Buyer's Representative are responsible for all due diligence. All measurements and square feet are approximate. Information derived from sources deemed reliable, but Astra Realty, LLC and Chris Jones do not warrant or guarantee any details herein.

Listing Contacts

Astra Realty
Listed by Astra Realty

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Additional Information

Name
Christina Jones
License
438845
Brokerage
Astra Realty
Brokerage Phone
4694045784
Title
Commercial Real Estate Sales
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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