803 W Princeton Dr
Princeton, TX
Price:
$1889000
Cap Rate:
4.50%
NOI:
$85,000
Building Size:
Approx. 3578 Sq. Ft.
Lot Size:
Approx. 1.19 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction | 3,578+/- SF Building on 1.19+/- Acre Site
- 15-Yr Corp NNN Ground Lease w/ 10% Rent Bump Every 5-Yrs
- Located along Highway 380 (27,000 VPD) and Beauchamp Blvd
- Adjacent to Chick-Fil-A & Walmart | Near 7-11, Burger King, CVS
- Near: Princeton HS (1,048-Students) | Whitewing Trails (2,800-Homes)
- Princeton is located in Collin Co. – One of the Fastest-Growing–Dallas Morning News
- 3-Mile Radius: Est 347 Busi w/ 2,032 Empl | Avg. HH Income: $66,047
- Dallas/Fort Worth (MSA): 4th Largest MSA in U.S | Population: 6,526,548