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Phase 1 960 W Exchange Pky 13,832 SF 100% Leased Retail Building Allen, TX 75013 $8,111,000 ($586.39/SF) 6.20% Cap Rate



Investment Highlights
- 2026 Construction, 13,832 SF, 6-Tenant Retail Asset Located in the Dense & Affluent Northern DFW Submarket of Allen, TX.
- 100% Leased to a Relevant Tenant Mix.
- Over 7.5MM SF of Retail GLA in a 2 Mile Radius
- Positioned at the Signalized Intersection of Exchange Pkwy & North Watter Road, Neighboring Walmart Supercenter.
- All Existing Tenants Experiencing Annual Rent Bumps During Primary Term
- Seconds from US 75 (174,900+ VPD) Connecting to Sam Rayburn Tollway (75,300+ VPD
Executive Summary
SHOP Companies Investment Sales has been exclusively retained to offer the opportunity to acquire The Village at Allen Twin Creeks (the “Property”), a 13,832-square-foot neighborhood retail asset currently under construction and scheduled for delivery in 2026. The property is located near the intersection of West Exchange Parkway and North Watters Road in a dense and affluent DFW submarket. The Village at Allen Twin Creeks is 100% leased and benefits from more than 7.5 million square feet of retail GLA within a two-mile radius, as well as average household incomes exceeding $165,100 within a one-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
13,832 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$8,111,000
Price Per SF
$586.39
Cap Rate
6.20%
NOI
$502,882
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
4.42 AC
Zoning
NEC - Vacant Land
Frontage
646’ on West Exchange Parkway
Nearby Major Retailers
1 of 6
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Phase 1 | 960 W Exchange Pky
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