Shopping Strip
Victory Shops at Stonebridge III
1800 N Stonebridge Dr, McKinney, TX 75071
Listing Price: $8,458,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity for an investor to acquire a fully stabilized, 15,218-square-foot, multi-tenant Class 'A' retail center located in the high-growth Dallas-Fort Worth suburb of McKinney, Texas. Victory Shops at Stonebridge III is comprised of internet-resistant, service-oriented tenants including VooDoo Brewing Co., The Hy-Life Liquor, BodyBar Pilates, Deka Lash, and Burn Boot Camp. All leases are triple-net and contain scheduled rent escalations during the primary terms. The building is new 2023 construction with an attractive façade and is situated on 2.08 acres with ample concrete parking. The end cap suite leased to VooDoo Brewing Co. features an enclosed outdoor patio.
The subject property is positioned near the signalized intersection of North Stonebridge Drive and West University Drive/US Highway 380. The property is easily accessible from multiple ingress and egress points. Cumulative traffic counts are approximately 42,860 vehicles per day. National and regional retailers in close proximity include Walmart Supercenter, AutoZone Auto Parts, Fuzzy's Taco Shop, Jason's Deli, Scooter's Coffee, AT&T, The Home Depot, Sprouts Farmers Market, O'Reilly Auto Parts, Arby's, Taco Bell, Sonic Drive-In, Domino's Pizza, CVS, Little Caesar's Pizza, 7-Eleven, Baskin-Robbins, Texas Health Breeze Urgent Care, LA Fitness, and others. The subject property is near several school campuses, providing additional traffic to the area. The property benefits from strong demographics in the surrounding area, with a population exceeding 211,552 residents within a five-mile radius. The average household income within a one-mile radius is $157,295; $142,138 within a three-mile radius; and $145,062 within a five-mile radius.
Victory Shops at Stonebridge III
Investment Highlights
- 15,218-Square-Foot, Multi-Tenant Retail Center Located in a High-Growth Area
- 100% Leased | All Leases are Triple-Net and are Personally Guaranteed
- Majority of the Leases have Scheduled Rent Escalations During the Primary Term Providing Year-Over-Year Income Growth
- Building is New (2023) Construction Situated on a 2.08-Acre Lot
- Near the Signalized Intersection of North Stonebridge Drive and West University Drive/Highway 380 | Easily Accessible from Multiple Ingress and Egress Points from Both Roads | Cumulative Traffic Counts are Approximately 42,860 Vehicles per Day
Exclusively Listed By
Financing By
Listing Price: $8,458,000
Investment Highlights
- 15,218-Square-Foot, Multi-Tenant Retail Center Located in a High-Growth Area
- 100% Leased | All Leases are Triple-Net and are Personally Guaranteed
- Majority of the Leases have Scheduled Rent Escalations During the Primary Term Providing Year-Over-Year Income Growth
- Building is New (2023) Construction Situated on a 2.08-Acre Lot
- Near the Signalized Intersection of North Stonebridge Drive and West University Drive/Highway 380 | Easily Accessible from Multiple Ingress and Egress Points from Both Roads | Cumulative Traffic Counts are Approximately 42,860 Vehicles per Day
Investment Overview
Marcus & Millichap is pleased to present the opportunity for an investor to acquire a fully stabilized, 15,218-square-foot, multi-tenant Class 'A' retail center located in the high-growth Dallas-Fort Worth suburb of McKinney, Texas. Victory Shops at Stonebridge III is comprised of internet-resistant, service-oriented tenants including VooDoo Brewing Co., The Hy-Life Liquor, BodyBar Pilates, Deka Lash, and Burn Boot Camp. All leases are triple-net and contain scheduled rent escalations during the primary terms. The building is new 2023 construction with an attractive façade and is situated on 2.08 acres with ample concrete parking. The end cap suite leased to VooDoo Brewing Co. features an enclosed outdoor patio. The subject property is positioned near the signalized intersection of North Stonebridge Drive and West University Drive/US Highway 380. The property is easily accessible from multiple ingress and egress points. Cumulative traffic counts are approximately 42,860 vehicles per day. National and regional retailers in close proximity include Walmart Supercenter, AutoZone Auto Parts, Fuzzy's Taco Shop, Jason's Deli, Scooter's Coffee, AT&T, The Home Depot, Sprouts Farmers Market, O'Reilly Auto Parts, Arby's, Taco Bell, Sonic Drive-In, Domino's Pizza, CVS, Little Caesar's Pizza, 7-Eleven, Baskin-Robbins, Texas Health Breeze Urgent Care, LA Fitness, and others. The subject property is near several school campuses, providing additional traffic to the area. The property benefits from strong demographics in the surrounding area, with a population exceeding 211,552 residents within a five-mile radius. The average household income within a one-mile radius is $157,295; $142,138 within a three-mile radius; and $145,062 within a five-mile radius.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
