140 S Custer Rd | McKinney, TX 75072
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140 S Custer Rd
McKinney, TX 75072
THR McKinney Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly Constructed Retail Asset Shadow Anchored to Sprouts Farmers Market in the Flourishing & Affluent Submarket of McKinney, TX (DFW)
- Texas Health Resources Corporate Credit Rated “AA” by S&P & “Aa2” by Moody’s, Both Considered Investment Grade
- Exceptional Visibility with Parallel Positioning to Custer Road, Masonry Construction, an Average Suite Size of 2,169 SF & a 2-Sided Partial Masonry M
- Average Base Lease Expiration of March 2030
- Average Household Income Exceeds $144,900, $162,800 & $156,300 in 1, 3 & 5 Mile Radii, Respectively
- Four (4) Minutes North of H-E-B Grocery Development Site, Expected to Open Late 2023
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,720 SF
Building Class
C
Year Built
2024
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.89 AC
Zoning
C - Commercial
Parking
38 Spaces (5.7 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R-10543-00A-004R-1 | Improvements Assessment | $2,333,879 |
| Land Assessment | $1,013,641 | Total Assessment | $3,168,000 |
PROPERTY TAXES
Parcel Number
R-10543-00A-004R-1
Land Assessment
$1,013,641
Improvements Assessment
$2,333,879
Total Assessment
$3,168,000
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