Land owner has been approached by a senior homes developer and is under consideration to lease for an "active adult homes community". LOI offered for 50 years lease with 6.8% CAP rate based on list price and 1.25% yearly rent increase. Rent to commence after all the permits (9-14 months). Site plan on the first pic. Buy to lease to the active adult homes developer or you can build to suit. No restrictions land. Princeton ETJ/ Collin County/ Mckinney ISD Princeton is the fastest growing city in the USA for 2025 (Google) 13.2 land is across from thousands of houses and 1.8 miles from future HWY 380. within 25 minutes from Frisco, Allen, Mckinney and Plano. Ten minutes from new Domestic Mckinney Airport opening in the end of 2026. Land can be used to develop Hospital, Strip center, School, Senior Homes, Industrial park, Clinic.