1212 W McDermott Dr - Storefront Retail/Office FOR SALE
Allen, TX 75013 |
1212 W McDermott Dr
Allen, TX 75013
HIGHLIGHTS
- 100% Leased Neighborhood Retail Asset Located in the Dense & Affluent DFW Submarket of Allen, TX
- Average Rents of $25.79 PSF NNN While Comparable Retail Space in the Area is Leasing in the Mid-High $30’s PSF NNN
- Thriving Retail Trade Area with Over 2.8MM SF of Retail GLA in a 1.5 Mile Radius
- Situated at McDermott Drive & Alma Drive; with Combined Traffic Volumes of Over 55,300 VPD
- Average Household Income of $183,600 in a 1 Mile Radii, Respectively
- Allen was Ranked in 2024 as the #1 City for “Best Quality of Life” in Texas by LawnStarter
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Frost Bank Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
9600
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
68
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R-4309-00A-0040-1
