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803 W Princeton Dr
Princeton, TX 75407
Whataburger | Fast-Growing Dallas Suburb · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,578 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.19 AC
Zoning
Commercial - Commercial
Parking
33 Spaces (9.22 Spaces per 1,000 SF Leased)

ABOUT 803 W PRINCETON DR , PRINCETON, TX 75407

Whataburger Restaurants, L.P. is a privately held, national restaurant chain specializing in hamburgers. The company, founded by Harmon Dobson, opened its first restaurant in Corpus Christi, Texas in 1950 and is now headquartered in San Antonio, TX. The company began expansion outside of Texas in 1959 when its 21st store opened in Pensacola, FL. In 1963 Whataburger expanded its footprint into Arizona and had 205 locations in 12 states by 1977. In the late 1980s Whataburger altered its growth strategy by increasing store numbers in states where it was already well established. Today, Whataburger Restaurants, LP is still owned and operated by the Dobson family and has 805+ locations in ten states (Texas, Arizona, New Mexico, Oklahoma, Louisiana, Arkansas, Mississippi, Alabama, Georgia, and Florida). Whataburger is strategically located along Highway 380 (27,000 VPD) at its intersection with Beauchamp Blvd. in the growing suburb of Princeton, TX. Princeton is a northeast suburb of Dallas located in Collin County, the fastest growing county in Texas. Highway 380 is a major east/west artery that connects several suburban developments on the north side of Dallas/Fort Worth, including Princeton, McKinney, Frisco, and Denton. Beauchamp Blvd. will connect the property to numerous new residential developments, including Whitewing Trails, a new 2,800 home community just north of the site. Explosive housing growth from numerous master-planned communities (over 5,300 homes proposed or in development) in the trade area is attracting an impressive roster of national retail brands in the immediate vicinity of Whataburger. The subject property is surrounded by notable retail tenants including Walmart (Large Format 190,000 SF Super Center), AT&T, Burger King, McDonalds, CVS, Taco Bell, Sonic, with additional developments underway expected to bring Chick-fil-A, Panda Express and others.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-11204-00A-0020-1
Land Assessment
$1,189,946
Improvements Assessment
$1,553,073
Total Assessment
$2,743,019
  • Listing ID: 6426480

  • Date on Market: 3/23/2017

  • Last Updated:

  • Address: 803 W Princeton Dr, Princeton, TX 75407

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