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Custer Tour Village 6201 S Custer Road 16,553 SF 100% Leased Retail Building McKinney, TX 75070 $10,615,000 ($641.27/SF) 6% Cap Rate
Investment Highlights
- Complementary Tenant Mix with Mo’ Bettahs Hawaii Food, Ashar Dentistry, Goli Soda, Jerry’s Liquor and Fine Wine, Goli Soda & Rumble boxing
- In-Place Contractual Rent Growth with 4 of 5 Tenants Bumping Annually at 2.5%; Mo’ Bettahs Increases 10% in February 2029
- Dense Retail Corridor with 2.2MM+ SF of Retail GLA in a 2-Mile Radius
- Frisco Ranked #3 Fastest Growing City in the U.S. (Fortune 2024) | McKinney Ranked #1 Real Estate Market in the U.S. (WalletHub 2024)
- Custer Rd Frontage (40,300+ vehicles per day); Proximity to Highway 121 (163,200+ VPD)
- Frisco Ranked #3 Fastest Growing City in the U.S. (Fortune 2024) | McKinney Ranked #1 Real Estate Market in the U.S. (WalletHub 2024)
Executive Summary
100% Leased 16,553 SF, 5 Tenant Retail Center in Mckinney, TX | 2021 Construction | 7+ Year WALT with 79% of GLA Rolling in 2034 | Mo- Bettah’s Corporate on Drive-Thru End Cap | All Tenants have Escalations
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
16,553 SF
Year Built
2021
Price
$10,615,000
Price Per SF
$641.27
Cap Rate
6%
NOI
$636,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.93 AC
Zoning
PD
Nearby Major Retailers
Property Taxes
| Parcel Number | R-10436-00A-002R-1 | Improvements Assessment | $5,370,214 |
| Land Assessment | $1,937,636 | Total Assessment | $7,307,850 |
Property Taxes
Parcel Number
R-10436-00A-002R-1
Land Assessment
$1,937,636
Improvements Assessment
$5,370,214
Total Assessment
$7,307,850
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Custer Tour Village | 6201 S Custer Road
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