1255 South Preston Road
Celina, TX
Price:
$2,747,500
Cap Rate:
4.55%
NOI:
$125,000
Building Size:
Approx. 2,092 Sq. Ft.
Lot Size:
Approx. 0.798 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 2,092+/- SF Building on 0.798+/- Acre Site
- New Construction 10 Yr Corporate Net Lease w/ 8.5% Rent Increases Every 5 Yrs
- Subject Property Situated Along S Preston Rd (25K VPD) Near Dallas North Tollway Expansion
- Close Proximity to Master Planned Community w/ 7,000 Single Family Homes, Commercial Developments, & More
- Strong Income Demos w/ an est. $204,030 Within a 1-Mile Radius
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Celina | Tripled in Size Since 2010 | Population Estimated to Hit 160K by 2030