3525 S Preston Rd - Retail FOR SALE


Celina, TX 75009
$16,880,000 USD
858-822-9811
3525 S Preston Rd, Celina, TX for Sale
$16,880,000 USD
Retail - FOR SALE
1/19
null | 6% Cap Rate

3525 S Preston Rd
Celina, TX 75009


HIGHLIGHTS

  • Brand New 2026 Construction; Grand Opening August 28, 2026
  • +16 Year Initial Term with Three-5 Year Renewal Options
  • Population +89,500 in 5 Miles with 24.6% Annual Population Growth Rate
  • +$217,200 Avg HHI in 1 Mile Radius, Nearly 2x the National Average
  • Celina, TX Ranked the Fastest-Growing City in the U.S. According to the U.S. Census Bureau’s 2025 Population Estimates (Released May 2026)

OVERVIEW

Academy Sports & Outdoors is a brand new 2026 construction Costco shadow-anchored investment opportunity strategically positioned in the heart of The Village at Ownsby Farms, one of Celina’s newest and largest retail destinations. The tenant occupies 5.34 acres with Grand Opening August 28, 2026. The offering includes +16 year NNN lease with three 5-year renewal options. The Crossing at Moore Farm and The Village at Ownsby Farms together form a unified +77-acre master-planned retail district anchored by Lowe’s and EOS, with Home Depot, Costco, and Costco Gasoline. The property sits across the street from Jefferson Ownsby and Prose Ownsby Farms, two new Class A multifamily communities totaling 850-units. Celina, TX is booming – the city ranked the fastest growing city in the US, according to the Census Bureau’s 2025 Populations (Released May 2026). The 5-mile population is +89,500 with a 24.6% annual population growth rate and average household income exceeding $217k. The subject property is within a dense retail corridor with national tenants Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods and Kohl’s not far away. It’s immersed among 8 major master-planned communities within a 10-mile radius, exceeding 8,000 acres combined. The Village at Ownsby Farms is poised to be a hotspot retail destination among flourishing residential developments in the surrounding Celina area. Watch Property Video: https://vimeo.com/1217274516

FOR SALE DETAILS

PRICE

$16,880,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Academy Sports & Outdoors

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

262

LAND DETAILS

LAND ACRES

5.34 AC

LAND SF

232,610 SF

ZONING

-

APN/PARCEL ID

R-12837-00A-0020-1

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.