26744 E University Dr | Little Elm, TX 75068
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- LoopNet Team
26744 E University Dr
Little Elm, TX 75068
Little Elm Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Recently Constructed 5-Tenant Retail Center in the Flourishing & Affluent Submarket of Little Elm, TX (DFW)
- Average Base Lease Expiration of February 2029 with 4 Tenants Experiencing Rent Bumps During Primary Term
- Parallel Positioning to Highway 380, an Average Suite Size of 1,770 SF, Shallow Bay Depth, Partial Masonry Construction & a 2-Sided Masonry Monument S
- Rents Average $30.91 PSF NNN with Comparable Area New Construction Retail Space Commanding $40.00+ PSF NNN
- Total Population within a 1 Mile Radius Increased by 8,525% from 2000 to 2021
- Average Household Income Exceeds $120,400, $123,400 & $129,100 in 1, 3 & 5 Mile Radii, Respectively
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,000 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.42 AC
Zoning
F1
Parking
51 Spaces
Frontage
82’ on Turtle Dove Drive
PROPERTY TAXES
| Parcel Number | R994372 | Improvements Assessment | $2,392,461 |
| Land Assessment | $1,067,220 | Total Assessment | $3,459,681 |
PROPERTY TAXES
Parcel Number
R994372
Land Assessment
$1,067,220
Improvements Assessment
$2,392,461
Total Assessment
$3,459,681
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