4051 S Custer Rd | McKinney, TX 75070
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- LoopNet Team
4051 S Custer Rd
McKinney, TX 75070
Florence of McKinney · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2024 Construction, 100% Leased Retail Asset Located in the High-Growth, Affluent Northern DFW Submarket of McKinney, Texas
- Average Household Income Exceeds $157,400 & $169,100 in a 1 & 3 Mile Radii, Respectively
- New Leases with Weighted Average Base Lease Term of 10 Years; All Tenants have Annual Escalations & Renewal Options
- Part of Modern Mediterranean-Themed Mixed Use Project; Featuring 260+ apartments, 5,000 SF Amenity Center, Roof Top Terraces, Dog Parks, Walking Trail
- McKinney Recently Ranked #1 as The Best Real Estate Market in the Country in 2023 (WalletHub)
- Close Proximity to a Variety of Schools, Retail Destinations, Employment Centers & Social Attractions
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
23,343 SF
Building Class
B
Year Built
2024
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.40
Lot Size
1.34 AC
Zoning
Multi Use - Residential and Commercial mixed use development.
400 Apartments within same complex. Additional 200 apartments within walking distance
Parking
50 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
200’ on South Custer Road
AMENITIES
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Car Charging Station
- Monument Signage
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | R-6662-000-0180-1 | Improvements Assessment | $396,419 |
| Land Assessment | $5,683,012 | Total Assessment | $6,079,431 |
PROPERTY TAXES
Parcel Number
R-6662-000-0180-1
Land Assessment
$5,683,012
Improvements Assessment
$396,419
Total Assessment
$6,079,431
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