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Shopping Strip

Central Circle Center

2035 Central Cir, McKinney, TX 75069

Listing Price: $8,425,000

Cap Rate
6.50%
Gross SF
46,276
Rentable SF
46,276
Price/Gross SF
$182.06
Lot Size
4.50 acres
Year Built
2000

Investment Overview

Central Circle Center is a stabilized, 46,276-square-foot retail industrial flex center comprising two adjacent buildings located in McKinney, Texas. The center is 99 percent leased with a diverse blend of retail, office, and flex/warehouse space featuring a mix of gross and modified gross lease terms, offering substantial upside potential. The building located at 2035 Central Circle has a second story for office lofts. Tenants in both buildings have access to the shared grade-level, dock-high loading area, and each individual suite has a roll up bay door in the back. Major tenants include Red River Quiltworks, Allied Inventory Systems, The Coatings Group, Yummy Life Naturals, H2 Chiropractic, and others. The property sits on two parcels totaling 4.5 acres.

Central Circle Center is located in an unbeatable location near Bray Central Business Park, a thriving industrial and commercial hub for office, warehouse, and light manufacturing. The property is aldo shadow-anchored by Walmart and Sam's Club, two nationally recognized retailers that draw consistent traffic to the area. Other neighboring retailers include Academy Sports and Outdoors, Target, Lowe's, Dollar Tree, and numerous others.

Investment Highlights

  • STRONG OCCUPANCY RATE WITH UPSIDE POTENTIAL
  • PRIME LOCATION NEAR BRAY CENTRAL BUSINESS PARK
  • SHADOW-ANCHORED BY MAJOR RETAILERS WALMART AND SAM'S CLUB
  • THRIVING AREA WITH STRONG DEMOGRAPHICS

Exclusively Listed By

Shopping Strip

Central Circle Center

Listing Price: $8,425,000

Cap Rate
6.50%
Gross SF
46,276
Rentable SF
46,276
Price/Gross SF
$182.06
Lot Size
4.50 acres
Year Built
2000

Investment Highlights

  • STRONG OCCUPANCY RATE WITH UPSIDE POTENTIAL
  • PRIME LOCATION NEAR BRAY CENTRAL BUSINESS PARK
  • SHADOW-ANCHORED BY MAJOR RETAILERS WALMART AND SAM'S CLUB
  • THRIVING AREA WITH STRONG DEMOGRAPHICS

Investment Overview

Central Circle Center is a stabilized, 46,276-square-foot retail industrial flex center comprising two adjacent buildings located in McKinney, Texas. The center is 99 percent leased with a diverse blend of retail, office, and flex/warehouse space featuring a mix of gross and modified gross lease terms, offering substantial upside potential. The building located at 2035 Central Circle has a second story for office lofts. Tenants in both buildings have access to the shared grade-level, dock-high loading area, and each individual suite has a roll up bay door in the back. Major tenants include Red River Quiltworks, Allied Inventory Systems, The Coatings Group, Yummy Life Naturals, H2 Chiropractic, and others. The property sits on two parcels totaling 4.5 acres. Central Circle Center is located in an unbeatable location near Bray Central Business Park, a thriving industrial and commercial hub for office, warehouse, and light manufacturing. The property is aldo shadow-anchored by Walmart and Sam's Club, two nationally recognized retailers that draw consistent traffic to the area. Other neighboring retailers include Academy Sports and Outdoors, Target, Lowe's, Dollar Tree, and numerous others.

Exclusively Listed By

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