Excellent High Growth Location: • The 10.213-acre site ("Site") is strategically located in the rapidly growing McKinney suburb of Princeton, Collin County. • The Site is ideally located within the market, just north of US Highway 380 at the intersection of Monte Carlo Boulevard and Longneck Road immediately to the east of Centurion's White Wing Trails development. • Princeton has grown over 97% since 2010 to a population of approximately 13,400; Collin County's population is approximately 1 million and was the fourth fastest growing county in the nation in 2018. • Monte Carlo Boulevard has been expanded from a two to four-lane divided roadway and a traffic light is anticipated to be installed at the intersection of Monte Carlo and Longneck by November 2019. Population, Demographics, & Traffic Counts: • Traffic counts along Monte Carlo Boulevard and Longneck Road exceed 2,000 and 2,400 vehicles per day respectively; US-380 located approximately 1.5 miles to the south experiences traffic counts over 28,300 vehicles per day. • Median household income is $74,914 and median home values are $197,801 within a 5-mile radius. • Princeton is projected by ESRI to grow nearly 23 percent to 16,445 by 2024; the City's Comprehensive Plan is designed around an anticipated population of nearly 80,000 by 2050. Zoning: • The Site is identified within the zoning ordinance number 2019-06-24-03 covering the approximately 105-acre master-planned development. • The Site is zoned for townhome development allowing for 12 units per acre with 3 to 8 units per structure on a minimum lot area of 2,200 square feet (22' x 100') which equates to approximately 120 developable lots.