McDermott Shops
5 Tenant Strip Center | 6.15% Cap | 9,600 SF
Marketing description
100% Occupied | NNN Leases | Drive-Thru End Cap
Investment highlights
100% Occupied 9,600 SF Retail Strip on NNN Leases | Drive-Thru End Cap
Average Rent is Below Market at Only $27/SF – Comparable Shop Space Leasing at $30-$35/SF |4/5 Tenant Leases Contain FMV Options
Synergistic Mix of Tenants Complementing Surrounding High-Income Communities (Twin Creeks, Waters Creek, etc.)
Allen Named Best City to Move to in Texas (Click HERE for More Info)
Excellent Visibility Fronting McDermott Dr – Visible to Over 33,656 Vehicles per Day
Less Than a Mile from US 75 – Over 200,000 Vehicles per Day
Outstanding Demographics | Over $163,000 Average Household Income in a 1 Mile Radius – More than Double National Average
Densely Populated Trade Area – Over 356,000 Residents in a 5 Mile Radius
Surrounding National Retailers in Immediate Trade Area Include Target, Lowe’s, The Home Depot, Kroger, Hobby Lobby, McDonald’s, Chipotle, Chick-fil-A & Many More
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
