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+