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945 W Stacy Rd
Allen, TX 75013
Watters Village II · Retail Property For Sale
Investment Highlights
- 100% Leased Masonry Construction Retail Center Extremely Well Positioned in the Affluent DFW Submarket of Allen, TX
- Average Rents Only $28.99 PSF NNN, with Comparable Retail Space in the Area Leasing for $35 - $40 PSF NNN
- Average Household Incomes of $237,800, $164,000 & $167,100 in 1, 3 & 5 Mile Radii, Respectively
- Average Base Lease Term Expiration of December 2028 with Four (4) Tenants Experiencing Built in Annual Rental Escalations
- Situated along Stacy Rd between Highway 75 & State Highway 121; Exceptional Positioning to Two-Notable DFW Thoroughfares
- Population Increase of Over 10,000% Since 2000
Property Facts
Property Type
Retail
Building Size
19,141 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.12 AC
Zoning
CC
Parking
117 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
259’ on West Stacy Road
Property Taxes
| Parcel Number | R-10076-00A-1R20-1 | Improvements Assessment | $6,584,219 |
| Land Assessment | $1,434,150 | Total Assessment | $8,018,369 |
Property Taxes
Parcel Number
R-10076-00A-1R20-1
Land Assessment
$1,434,150
Improvements Assessment
$6,584,219
Total Assessment
$8,018,369
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