Shoppes at Virginia 3801 Virginia Pky 17,978 SF 100% Leased Retail Building McKinney, TX 75071 $10,645,000 ($592.11/SF) 6.35% Cap Rate

Shoppes at Virginia is a 17,978 square foot, 100% leased, two (2) building retail asset with two (2) drive-thru end-caps and located with cross access to the signalized intersection at Hardin Boulevard along Virginia Parkway, west of the U.S. Highway 75. Situated on a 2.31-acre parcel, the Property is minutes from Downtown McKinney, and
approximately 40 minutes due north of Downtown Dallas in the high-growth affluent northern Dallas submarket of McKinney, Texas. Newly constructed in 2024 the building features an upscale façade with a tall and modern canopy design and a 17 feet deep covered patio with LED lighting. Shoppes at Virginia is leased to a complementary tenant mix led by Action Behavior Centers (corporate), Shipley Do-nuts (multi-unit operator), CJJF Jiu Jitsu, Kindred Smiles, and Krishna Bhavan Indian Restaurant. In-place rents at the Property average $37.47 PSF NNN with average base lease term expiration of July 2034 and all tenants experiencing rent escalations during their primary terms. The intersection of Virginia Parkway and Hardin Boulevard hosts Walmart Neighborhood Market, Starbucks and 7-Eleven, among others.