200 S Beauchamp Blvd
Princeton, TX 75407
Princeton Shopping Center · Retail Property For Sale

Gates of Princeton is a 21,470 square-foot Walmart Supercenter shadow-anchored shopping center in the heart of one of Collin county’s fastest growing cities. The Property is strategically positioned along the busiest east/west thoroughfare in North Texas, US-380 (Princeton Dr). Composed of a national and local strip center tenancy, the Property is the only shopping center in Princeton with exceptional visibility from an adjacent national grocery retailer driving daily trips. With sturdy in-place income and below market in-place rents, Gates of Princeton represents the chance to gain ownership of a superior retail center with competitive advantage within its market and enormous upside. OVERVIEW The Gates of Princeton is a newly constructed retail center located just five miles from McKinney, Texas that advantageously neighbors various national tenants and is shadow anchored by a 190,000 square foot Walmart Supercenter. With over 200% population growth since 2000, the area is transforming into the primary retail corridor of the region, as seen by the migration of numerous major national tenants including Walmart, What-a-burger, Wendy's, Panda Express and Starbucks. The town of Princeton continues to expand as it attracts residents looking for a high quality of life and serene landscape with close proximity to Lake Lavon, McKinney, Dallas and Fort Worth. PROPERTY SUMMARY Retail outparcels to a 190,000 square foot Walmart Supercenter in Princeton, Texas. Brand new product leased to national and regional credit tenants. The asset was 85% pre-leased while under construction.