Current Use by Public Records
- Westgate Shopping Center / Shopping Center & Mall
- Planet Fitness / Gym & Fitness Center
- Spirit Halloween / (Bike/Boat/Book/etc) Store
Property Details for 117 Central Expy
- Year built
- 1974
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Westgate Shopping Center, a prominent McKinney, Texas shopping center, presents a unique investment opportunity. This established center boasts 132,835 square feet across three single-story buildings, strategically located at the high-visibility intersection of US Hwy 75 and Louisiana Street in Collin County. The property features a strong mix of value-oriented tenants, including major anchors such as Big Lots, CVS, Aaron's Rents, and Tuesday Morning, ensuring consistent traffic and revenue generation. Currently, there are 16 suites in total, with approximately 20,000 square feet of vacant space available, offering immediate potential for expansion or new tenancy. Built in 1974 and recently remodeled, the center benefits from excellent freeway visibility along US Hwy 75, attracting a substantial customer base from a trade area exceeding 100,000 people within a rapidly growing Dallas suburb. The available spaces are second-generation, providing flexibility for various retail concepts. Attractive rental rates further enhance the investment appeal. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market. The property offers a blend of established tenants and available space, making it ideal for both expansion and diversification of a retail portfolio.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6385
- Latitude
- 33.1973
