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32776389
32776307

1680 E STACY RD, ALLEN, TX 75002

PL
TX TX 522087
Marcus & Millichap - Dallas
JP
Listed by Marcus & Millichap - Dallas
$5,574,000
19 days on market
Updated 19 days ago

Stacy Angel Crossing

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 10,731
Net Rentable (SqFt) 10,731
Cap Rate 6.40%
NOI $356,738
Occupancy 100%
Tenancy Multi
Price per SqFt $519
Year Built 2020
Investment Type Stabilized
Ground Lease No

100% Occupied, Neighborhood Retail Center : Newer (2020) Construction : Diverse Tenant Mix

Marketing description

FULLY STABILIZED NEIGHBORHOOD RETAIL CENTER

Stacy Angel Crossing is 100 percent occupied, and all tenants are on triple-net lease terms.

DIVERSE SERVICE-BASED TENANT MIX

Fully leased to a diversified mix of internet-resistant service, wellness, medical, and experiential tenants providing durable income and strong daily traffic generation.

NEWER (2020) CONSTRUCTION

Newly constructed neighborhood retail center completed in 2020 featuring modern architecture, functional suite layouts, and minimal near-term capital expenditure requirements.

HIGH-TRAFFIC LOCATION ON STACY ROAD

Located along Stacy Road near the intersection with Angel Parkway, the property benefits from strong visibility and convenient access within one of the area’s active retail corridors. Combined traffic counts of 55,380+ vehicles per day support consistent consumer exposure and tenant demand.

PROXIMITY TO ESTABLISHED RETAIL DESTINATIONS

Stacy Angel Crossing is located near a dense retail corridor featuring Allen Outlets, Fairview Town Center, and The Village at Allen. These major retail destinations create strong regional draw, reinforce the area as a proven shopping corridor, and help support long-term demand for nearby neighborhood retail space.

PROXIMITY TO MAJOR MIXED-USE DEVELOPMENT ACTIVITY

Located less than four miles from the planned Sloan Corners mixed-use mega-development, a transformative 261-acre project expected to drive significant future employment, residential density, and retail demand throughout the corridor.

STRATEGIC ACCESS TO MAJOR EMPLOYMENT HUBS

Convenient access to the North Dallas employment corridor including major employers such as Toyota North America, JPMorgan Chase, State Farm, Raytheon, Capital One, and numerous healthcare and technology employers.

Investment highlights

Stacy Angel Crossing is a newer construction, neighborhood retail center strategically positioned within one of the most affluent and fastest-growing trade areas in North Texas. Completed in 2020, the property consists of 10,731 square feet situated on 1.38 acres. The center is 100 percent occupied on triple-net lease terms to a diversified mix of internet-resistant service, wellness, medical, and experiential tenants, providing stable in-place cash flow and long-term tenant demand characteristics. The property benefits from modern construction, highly functional suite layouts, attractive storefront architecture, and strong visibility along a heavily trafficked retail corridor.

The subject property is located at the southeast corner of the Stacy Road and Angel Parkway intersection, benefiting from cumulative traffic counts exceeding 55,380 vehicles per day. Stacy Angel Crossing is located just east of U.S. Highway 75 and minutes from Sam Rayburn Tollway (SH-121), providing convenient regional access to Allen, McKinney, Plano, Frisco, and the greater North Dallas employment base. The surrounding corridor is recognized as one of the region’s dominant retail and residential growth nodes, featuring more than 3.5 million square feet of surrounding retail inventory and several of the area’s highest-performing retail centers including Allen Premium Outlets, Fairview Town Center, The Village at Allen, and Twin Creeks Village.

Listing Contacts

PL
TX TX 522087
Marcus & Millichap - Dallas
JP
Listed by Marcus & Millichap - Dallas

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$356,738.00
$29,728.17/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Philip Levy
License
TX 522087
Name
Jonathan Paredes
License
827973
Brokerage
Marcus and Millichap
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