214-960-2835
6731 Alma Rd, McKinney, TX for Sale
Retail - FOR SALE
1/7
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6731 Alma Rd
McKinney, TX 75070
Allen/McKinney


HIGHLIGHTS

  • Trophy Restaurant and Retail Asset Located in the Heart of the Highway 121 Corridor Thriving, Affluent DFW Submarket of McKinney, TX
  • High-Profile Intersection of State Highway 121 & Alma Road; Two-Notable DFW Thoroughfares with Combined Traffic Volumes of 87,300+ VPD
  • Thriving Retail, Office, & Residential Trade Area with Over 3.1MM SF of Retail GLA, 2.2MM SF of Office GLA & 13,100+ Multifamily Units in 2Mile Radius
  • Average Household Incomes of $153,400 & $181,100 in 1- & 5-Mile Radii, Respectively
  • Significant Long-Term Upside Potential Driven by Continued Residential & Corporate Density & Strong Demand Growth in the Surrounding Trade Area
  • Moments from DFW Destinations & Developments: Kalahari Resort; 123-Acre, $8B+ Waterpark Resort & Convention center, and Sloan Corners

OVERVIEW

SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire District 121 (the “Property”), a high-profile restaurant and retail destination located within the State Highway 121 corridor in one of North Texas’ most dynamic and affluent trade areas. The Property benefits from its strategic position at the intersection of State Highway 121 and Alma Road, featuring a dedicated parking garage and thoughtfully integrated shared green space that creates an exceptional pedestrian environment along one of the region’s most heavily trafficked thoroughfares. District 121 is Leased to a complementary mix of notable restaurant and retail operators with over 3.1MM SF of retail GLA and 13,100+ residential units in a 2 mile radius.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

District 121

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

-

APN/PARCEL ID

R-12325-00A-000A-1

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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