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Shopping Center with Recent Upgrades
For Sale
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Pending

1505 W McDermott Dr, Allen, TX 75013

Multi-tenant retail center on McDermott Dr with unobstructed access and on-site parking.

Property Size16,842 SF
Days on Market129

Property Features for 1505 W McDermott Dr

General Information

Standard status Pending
Size 16,842 SF
Property subtype Retail

Additional Details

Sprinkler System Yes

Building Details

Tenancy Multi
Listing Agency: Wenz Investment Group
Listed By: Daniel Wenz · License #697886
Source: Crexi
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 3:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wenz Investment Group

Investment Insights

Based on property information with market context.

Stone Creek Village is a multi-tenant shopping center at 1505 W McDermott Dr in Allen, Texas. The property contains 16,842 SF of retail space with on-site parking and unobstructed access. Multiple tenants have operated at the location for more than 20 years, providing a documented history of sustained tenancy.

Recent capital improvements include a full TPO roof replacement completed in 2022, installation of a full fire suppression system, and installation of a full surveillance camera system. The center sits along McDermott Dr, identified as a primary east-west thoroughfare and retail corridor through Allen. Surrounding demand is supported by population growth, rising household incomes, and new housing development.

Key Highlights

  • 16,842 SF multi‑tenant retail shopping center
  • Full TPO roof replacement completed in 2022
  • Full fire suppression system installed

Property Analytics

Current Use

Suncreek Orthodontics / Dr. ... Dental Office Suncreek Orthodontics Dental Office Nguyen Bach Cuc ... Dental Office Donut Palace Bakery IntegriCare Pharmacy Pharmacy

Suggested Use

Top Pick Restaurant Auto Repair Shop Spa & Massage Center Law Firm Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
95k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Shops & Services 37% Dining 16% Beauty & Spa 3%
Kroger Groceries
41,485 visits/mo 0.4 miles
SONIC Drive In Dining
13,710 visits/mo 0.4 miles
Kroger Fuel Center Shops & Services
11,511 visits/mo 0.4 miles
Shell Shops & Services
9,373 visits/mo 0.5 miles
Hollywood Feed Shops & Services
5,627 visits/mo 0.5 miles

Demographics for 75013, TX

48,360
Population
18,341
Households
2.6
Avg Household Size
37
Median Age
65%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,224
Density / Sq Mi
$151,618
Median Household Income
$77,367
Median Earnings
$1,810
Median Rent
$561,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center on McDermott Dr with unobstructed access and on-site parking.
Where is this shopping center located?
The property is located at 1505 W McDermott Dr Allen, TX.
What are key features of this property?
This property features: 16,842 SF multi‑tenant retail shopping center; Full TPO roof replacement completed in 2022; Full fire suppression system installed
More about this property
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