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Former Learning Experience 850 S Allen Heights Dr 10,000 SF Retail Building Allen, TX 75002 $2,700,000 ($270/SF)
Investment Highlights
- Positioned directly across from a Kroger-anchored shopping center and immediately adjacent to national tenants including Chase Bank and McDonald’s
- The property is surrounded by established residential neighborhoods, providing a built-in customer base within the immediate trade area
- Allen benefits from its location within the Dallas-Fort Worth Metroplex, one of the nation’s premier growth markets
- Allen is an affluent, family-oriented community with a median household income of approximately $131,000
- The existing ±10,000-square-foot facility is well suited for an early childhood education operator and offers potential adaptability
- Allen’s population increased from approximately 84,000 in 2010 to more than 113,000 today, representing roughly 35% growth over the period
Executive Summary
Turnkey Early Education Facility Directly Across From Kroger
The 10,000-square-foot property is well positioned for a value-add investor or owner-user, with direct access from S Allen Heights Drive and strong surrounding demographics, including average household incomes of $161,543 within a five-mile radius.
The 10,000-square-foot property is well positioned for a value-add investor or owner-user, with direct access from S Allen Heights Drive and strong surrounding demographics, including average household incomes of $161,543 within a five-mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Building Class
C
Year Built
2016
Price
$2,700,000
Price Per SF
$270
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.10 AC
Zoning
COMM SC
Frontage
34’ on S Allen Heights
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R-10907-00A-0020-1 | Improvements Assessment | $3,353,939 |
| Land Assessment | $450,846 | Total Assessment | $3,586,412 |
Property Taxes
Parcel Number
R-10907-00A-0020-1
Land Assessment
$450,846
Improvements Assessment
$3,353,939
Total Assessment
$3,586,412
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