1251 W Princeton Dr | Princeton, TX 75407
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This Retail Property is no longer advertised on LoopNet.com.
1251 W Princeton Dr
Princeton, TX 75407
FREDDY'S - (New 20 Yr. Term) PRINCETON, TX · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years with four 5-year options to renew!
- New, high quality, build-to-suit construction of Freddy’s newest prototype - slated for opening Date/Rent Commencement on December 2023 (Est.)
- Traffic counts exceed 32,360 CPD! TEXAS IS AN INCOME TAX FREE STATE!
- Ram-Z Custard, LLC owns & operates 37 locations across Texas, Oklahoma, Arkansas, Missouri & Kansas (10 Freddy’s and 27 Schlotzsky’s)
- Positioned on a large ±1.09-acre lot, on a signalized, hard corner with excellent visibility/ access on W Princeton Dr (US-380)
- AFFLUENT 2023 DEMOGRAPHICS: 2023 Population: 38,102 & 2023 Average Household Income: $111,968
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Fast Food
- General Retail Bank
- General Retail Freestanding
- General Retail Restaurant
Building Size
3,112 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.09 AC
Zoning
C
AMENITIES
- Restaurant
- Signage
- Drive Thru
LINKS
PROPERTY TAXES
| Parcel Number | R-13237-001-0010-1 | Improvements Assessment | $1,973,603 |
| Land Assessment | $1,092,650 | Total Assessment | $3,066,253 |
PROPERTY TAXES
Parcel Number
R-13237-001-0010-1
Land Assessment
$1,092,650
Improvements Assessment
$1,973,603
Total Assessment
$3,066,253
Listing ID: 31585499
Date on Market: 4/23/2024
Last Updated:
Address: 1251 W Princeton Dr, Princeton, TX 75407
The Rowlett/Wylie Retail Property at 1251 W Princeton Dr, Princeton, TX 75407 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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