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Vacant Child Care - Lease/Sale Opportunity 1216 E Bethany Dr 11,313 SF Retail Building Allen, TX 75002 For Sale



INVESTMENT HIGHLIGHTS
- Vacant Child Care Property with a Playground on a 1.59-Acre Lot
- 226,053 Residents within a 5-Mile Radius - Dense Trade Area in the Dallas MSA
- Located in a Dense Residential Area - 14,581 Households within a 1-Mile Radius
- Outparcel to Kroger Grocery Store and Adjacent to McDonald's and Chase Bank
- Average Household Income Exceeds $155,000 in the Surrounding Area
- Households and Population Projected to Increase ±7% in the Surrounding Area Over the Next 5 Years
EXECUTIVE SUMMARY
Marcus and Millichap is pleased to present a vacant child care property located in a growing suburb of Dallas, Texas. The property sits on a large 1.59-acre parcel of land and features an outdoor playground area. The subject property is positioned at a busy intersection, easily accessible by more than 34,000 cars per day. It is outparcel to a Kroger grocery store and adjacent to a McDonald's and Chase Bank. The subject property is conveniently located within a dense residential area with over 14,500 households within its immediate vicinity, while only a 10-minute drive from Allen's primary commercial corridor. This places it in close proximity to malls, shopping centers, a hospital, hotels, offices, and Texas' largest high school with roughly 5,300 students.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,313 SF
Building Class
B
Year Built/Renovated
2007/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.59 AC
PROPERTY TAXES
| Parcel Number | R-3875-001-0030-1 | Improvements Assessment | $1,940,321 |
| Land Assessment | $518,145 | Total Assessment | $2,254,740 |
PROPERTY TAXES
Parcel Number
R-3875-001-0030-1
Land Assessment
$518,145
Improvements Assessment
$1,940,321
Total Assessment
$2,254,740
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Vacant Child Care - Lease/Sale Opportunity | 1216 E Bethany Dr
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