Office Medical
Exchange Professional Centre
1256 W Exchange Pkwy, Allen, TX 75013
Listing Price: $2,900,000
Investment Overview
Exchange Professional Centre is a three-tenant center located in Allen, Texas, a rapidly growing suburban market within Collin County. The property offers 7,812 square feet of retail and office space, with 69 percent occupancy. Currently, the property is anchored by two medical tenants, with Lone Star Kids Care Pediatrics recently renewing its lease for five additional years. Both tenants are secured under triple-net leases, and Allen Always Smiles Orthodontics lease has a personal guarantee. The building was constructed in 2015 and is positioned on a 1.03-acre lot.
The property is located in a prime, high-traffic retail corridor along Exchange Parkway, near the intersection with Alma Drive. With a cumulative daily traffic count of 33,882 vehicles, the property enjoys significant visibility and accessibility. The asset is situated directly across from Sprouts Farmers Market, a high-performing, necessity-based grocer that drives consistent daily traffic to the immediate trade area. Exchange Professional Centre is also conveniently located near key regional drivers, including local school campuses, the Stephen G. Terrell Recreation Center, and Collin College Technical Campus. The area is experiencing continued development, with new residential and retail projects increasing the demand for retail spaces.
Investment Highlights
- Value-Add asset with essential service tenancy
- Current Average Rents are Well Below Market
- Proximity to Major Employment & Economic Drivers
- Dynamic Demographics
Listing Price: $2,900,000
Investment Highlights
- Value-Add asset with essential service tenancy
- Current Average Rents are Well Below Market
- Proximity to Major Employment & Economic Drivers
- Dynamic Demographics
Investment Overview
Exchange Professional Centre is a three-tenant center located in Allen, Texas, a rapidly growing suburban market within Collin County. The property offers 7,812 square feet of retail and office space, with 69 percent occupancy. Currently, the property is anchored by two medical tenants, with Lone Star Kids Care Pediatrics recently renewing its lease for five additional years. Both tenants are secured under triple-net leases, and Allen Always Smiles Orthodontics lease has a personal guarantee. The building was constructed in 2015 and is positioned on a 1.03-acre lot. The property is located in a prime, high-traffic retail corridor along Exchange Parkway, near the intersection with Alma Drive. With a cumulative daily traffic count of 33,882 vehicles, the property enjoys significant visibility and accessibility. The asset is situated directly across from Sprouts Farmers Market, a high-performing, necessity-based grocer that drives consistent daily traffic to the immediate trade area. Exchange Professional Centre is also conveniently located near key regional drivers, including local school campuses, the Stephen G. Terrell Recreation Center, and Collin College Technical Campus. The area is experiencing continued development, with new residential and retail projects increasing the demand for retail spaces.