0 Sec Mckinney Rnch & Lk Frst Dr McKinney, TX 75070
Lake Forest Commons offers an exceptional retail investment opportunity in the thriving McKinney, Texas market. This Class A property, completed in 2024, boasts a total of 24,000 square feet across two single-story buildings situated on an expansive 11.75-acre lot. The property features 250 parking spaces and excellent visibility with 1000 feet of frontage along McKinney Ranch and Lake Forest Drive. Currently, 20,000 square feet of retail space is available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 10,500 square feet. The property is zoned C-3, allowing for a variety of retail and restaurant uses. Located in the McKinney submarket of Collin County, this location benefits from strong demographics and high traffic counts. The modern construction and ample parking make this an ideal location for businesses seeking a prominent presence in a rapidly growing area. The property's strategic location and flexible space options provide a unique opportunity for businesses to establish themselves in a vibrant and desirable community. This is a rare chance to secure a prime retail space in one of Texas's fastest-growing cities. The property's 2024 construction and renovation ensure modern amenities and efficient layouts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.