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Shopping Strip

South Custer Road Retail Center

3241 S Custer Rd, McKinney, TX 75070

Listing Price: $7,830,000

Cap Rate
5.50%
Gross SF
12,586
Rentable SF
12,586
Price/Gross SF
$622.12
Lot Size
1.61 acres
Year Built
2017

Investment Overview

South Custer Road Retail is a 12,586-square-foot, multi-tenant retail center located in the highly desirable North Dallas suburb of McKinney, Texas. The center is 100 percent leased with all triple-net leases, and all tenants have renewal options. The center features a strong tenant base consisting of national and regional retailers, including Pet Supermarket, Code Ninjas, Supercuts, and ATI Physical Therapy. Constructed in 2017, the building is situated on a 1.61-acre lot with a concrete parking lot. The subject property is positioned near the signalized intersection of Custer Road and Eldorado Parkway. Cumulative traffic counts are approximately 34,027 vehicles per day. National and regional retailers in close proximity include Kroger Marketplace, Petco, Jersey Mike's, CAVA, Rosa's Cafe & Tortilla Factory, Chicken Express, Texas Family Fitness, Andy's Frozen Custard, McDonald's, UPS Store, Starbucks, and many more. H-E-B Grocery has broken ground on their third store in the Dallas-Fort Worth metroplex on the northeast corner of Custer Road and Eldorado Parkway, slated to open in late 2023.

Investment Highlights

  • 12,586-Square-Foot, Multi-Tenant Retail Center that is Well Positioned in the Highly Desirable North Dallas Suburb of McKinney
  • 100% Occupied | Strong Tenant Base Comprised of National and Regional Retailers
  • All Leases are Triple-Net with Corporate Guarantees | All Include Renewal Options with Rental Increases
  • H-E-B Grocery McKinney Location Broke Ground on the Northeast Corner of Custer Road and Eldorado Parkway | Set to Open Late 2023

Exclusively Listed By

Shopping Strip

South Custer Road Retail Center

Listing Price: $7,830,000

Cap Rate
5.50%
Gross SF
12,586
Rentable SF
12,586
Price/Gross SF
$622.12
Lot Size
1.61 acres
Year Built
2017

Investment Highlights

  • 12,586-Square-Foot, Multi-Tenant Retail Center that is Well Positioned in the Highly Desirable North Dallas Suburb of McKinney
  • 100% Occupied | Strong Tenant Base Comprised of National and Regional Retailers
  • All Leases are Triple-Net with Corporate Guarantees | All Include Renewal Options with Rental Increases
  • H-E-B Grocery McKinney Location Broke Ground on the Northeast Corner of Custer Road and Eldorado Parkway | Set to Open Late 2023

Investment Overview

South Custer Road Retail is a 12,586-square-foot, multi-tenant retail center located in the highly desirable North Dallas suburb of McKinney, Texas. The center is 100 percent leased with all triple-net leases, and all tenants have renewal options. The center features a strong tenant base consisting of national and regional retailers, including Pet Supermarket, Code Ninjas, Supercuts, and ATI Physical Therapy. Constructed in 2017, the building is situated on a 1.61-acre lot with a concrete parking lot. The subject property is positioned near the signalized intersection of Custer Road and Eldorado Parkway. Cumulative traffic counts are approximately 34,027 vehicles per day. National and regional retailers in close proximity include Kroger Marketplace, Petco, Jersey Mike's, CAVA, Rosa's Cafe & Tortilla Factory, Chicken Express, Texas Family Fitness, Andy's Frozen Custard, McDonald's, UPS Store, Starbucks, and many more. H-E-B Grocery has broken ground on their third store in the Dallas-Fort Worth metroplex on the northeast corner of Custer Road and Eldorado Parkway, slated to open in late 2023.

Exclusively Listed By

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