1601 E Princeton Dr
 Princeton, TX 						
						
						
						
						
															
									Price: 
									
									$6,274,000								
								
								 
									
										Cap Rate: 
										
										4.60%									
									
																						
								NOI: 
								
									$288,594								
							
															
									Building Size: 
									
									Approx. 4,050 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 1.33 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Convenience / Gas								
								
																						
								
									Year Built: 								
									
									2020								
								
													 
													
												
							Investment Overview
							
- 2020 Construction. 4,050+/- SF Building on 1.33+/- Acre Site
 
- Brand New Build-to-Suit 7-Eleven with 10% Rent Bumps Every 5-Years
 
- Located along East Princeton Drive (US-380)
 
- Near Valero, Taco Bell, Subway, Dollar Tree, Walmart, Sonic, CVS, Wendy’s
 
- Within Walking Distance of Princeton High School (1,420 Students)
 
- Strong Income Demos with $102,677 within a 1-mile Radius
 
- Princeton| Fast Growing Area Near DFW | Population: 8,900+