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4287 Highway 380 E Princeton, TX 75407

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For Sale
$6,930,000

Retail property in high-growth area with significant upside potential.

Property size:
35,776 SF
Lot size:
2.58 Acres

Property Features for 4287 Highway 380 E

General Information

Size
35,776 SF
Lot size
2.58 Acres

Source: STRIVE Agent Bryan Meyer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Princeton TX Retail Investment Opportunity

This retail property is located in Princeton, Texas, a high-growth submarket with highway access to HWY 380, where over 46,000 vehicles pass daily. The property is situated approximately 5 miles from McKinney Airport, where commercial flights are projected to begin in 2026. The surrounding area has an average household income exceeding $130,000 within a 10-mile radius. The property comprises suite sizes ranging from 1,050 to 5,040 square feet. The rentable square footage is 35,776 square feet. The property has historically maintained 100% occupancy with a tenant waitlist. Lease expiration dates are staggered, creating low tenant turnover risk. The submarket has an occupancy rate of 95.7%, indicating limited supply in this high-growth area. 86% of the rentable square footage expires within 2 years.
Insight Report Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Princeton
County
Collin
State
Texas
Longitude
-96.5446
Latitude
33.189226

FAQs

What type of property is this?
Shopping center - Retail property in high-growth area with significant upside potential.
Where is this shopping center located?
The property is located at 4287 Highway 380 E Princeton, TX.
What is the asking price?
The asking price for this property is $6,930,000.
What are key features of this property?
This property features: - Explosive population growth: Princeton, Texas, among the fastest-growing cities in the United States. Population expected to grow 2.7x over the next 5 years.; - High-growth submarket: Strategically located in Princeton, TX, with highway access to HWY 380 and over 46,000 vehicles per day passing the property.; - Below-market rents: Highly sought-after business park with below-market rents. 86% of rentable square footage expires within 2 years, allowing the owner to capture rapidly rising rents.
More about this property
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