1212 W McDermott Dr | Allen, TX 75013
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- LoopNet Team
1212 W McDermott Dr
Allen, TX 75013
Frost Bank Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Neighborhood Retail Asset Located in the Dense & Affluent DFW Submarket of Allen, TX
- Thriving Retail Trade Area with Over 2.8MM SF of Retail GLA in a 1.5 Mile Radius
- Average Household Income of $183,600 in a 1 Mile Radii, Respectively
- Average Rents of $25.79 PSF NNN While Comparable Retail Space in the Area is Leasing in the Mid-High $30’s PSF NNN
- Situated at McDermott Drive & Alma Drive; with Combined Traffic Volumes of Over 55,300 VPD
- Allen was Ranked in 2024 as the #1 City for “Best Quality of Life” in Texas by LawnStarter
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,600 SF
Building Class
B
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.99 AC
Zoning
SC-SHOPPIN - Retail/Commercial
Parking
68 Spaces (7.08 Spaces per 1,000 SF Leased)
Frontage
181’ on W McDermott Dr
PROPERTY TAXES
| Parcel Number | R-4309-00A-0040-1 | Improvements Assessment | $2,298,916 |
| Land Assessment | $730,227 | Total Assessment | $2,814,172 |
PROPERTY TAXES
Parcel Number
R-4309-00A-0040-1
Land Assessment
$730,227
Improvements Assessment
$2,298,916
Total Assessment
$2,814,172
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