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Princeton TX Retail Investment Opportunity

4287 E Highway 380, Princeton, TX

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For Sale

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

Type:RETAIL

Property size:

35,776 SF

Lot size:

2.58 Acres

Price / SF:

$193/SF

HighLights

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.
High household income: Average household income within a 10‑mile radius is over $130,000.
Low submarket vacancy: Submarket occupancy of 95.7%, creating limited supply in a high‑growth area.
Tenant waitlist: Historic occupancy of 100% with a waitlist of potential tenants.

We can help!

Listing Contact

Bryan Meyer

For Sale

Contact for pricing

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

Type:RETAIL

Property size:

35,776 SF

Lot size:

2.58 Acres

Price / SF:

$193/SF

Added:: Nov 28, 2025
Days on Market:: 199
Last Refresh:: Apr 5 at 9:15 pm

Property Features for 4287 E Highway 380

General Information

Standard status: Active
Size: 35,776 SF
Lot size: 2.58 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Bryan Meyer

Listing agent Bryan Meyer

Listing office STRIVE

Listing date Nov 28, 2025

Source Moodyscre

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 STRIVE

HighLights

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.
High household income: Average household income within a 10‑mile radius is over $130,000.
Low submarket vacancy: Submarket occupancy of 95.7%, creating limited supply in a high‑growth area.
Tenant waitlist: Historic occupancy of 100% with a waitlist of potential tenants.

Overview

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.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$862.9k	$24.12
− Vacancy	−$40.6k	−$1.13
EGI	$822.4k	$22.99
− OpEx	−$246.7k	−$6.90
NOI	$575.7k	$16.09

35,776 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$8.22M

$7.20M – $9.59M (±1% cap)

NOI $575,652 @ 7.0% cap · market cap 8.31%

Second Best

—

no second resolved use

Theoretical Best

Industrial

$35.55M

$31.11M – $41.47M (±1% cap)

NOI $2,488,446 @ 7.0% cap · market cap 35.91%

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

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Similar Places Nearby

Coin Cloud Bitcoin ATM — 4100 US-380, McKinney, TX 75069

Location Insight

Map
Local Demand

City: Princeton
County: Collin
State: Texas
Longitude: -96.5446
Latitude: 33.1892

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For sale
Shopping centers
TX
Princeton
4287 E Highway 380

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 E Highway 380 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.

4287 E Highway 380, Princeton, TX

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

Property Features for 4287 E Highway 380

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Converted Spa-Salon Commercial Building

Self-Service Car Wash Facility

Retail or Office Building with Visibility

Development Land with Existing Wedding Venue

Duplex Investment Property

Modern 4-Plex Investment Property

Well-Maintained RV Park

Well-Maintained Duplex with Separate Entrances

Corner Mobile Home Park Opportunity

Townhome-Style Duplex

Adjacent Duplexes for Flexible Investment

RV Park with Full Hookups

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