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1229 E Exchange Pky
Allen, TX 75002
1229 E Exchange · Terrain À vendre
·
0,68 AC
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Prime Retail Corridor Location
- Highly Active & Liquid Investment Market
- Strong Allen Retail Fundamentals
Résumé de l'annonce
of Allen’s fastest-growing corridors. Newly zoned Local Retail (LR), the property
allows for a broad range of commercial uses, any use marked with an “X”
under the LR column in the Permitted Uses Chart, providing exceptional flexibility for
developers and investors.
Situated along Exchange Parkway, one of Allen’s primary east-west connectors,
the site benefits from strong daily traffic, excellent frontage visibility, and
proximity to major retail, medical, and residential developments. The ±0.688-
acre parcel is ideally positioned for neighborhood-serving retail, medical office,
service-oriented businesses, or boutique commercial development.
Allen continues to demonstrate strong retail fundamentals, supported by
sustained population growth, high household incomes, and low vacancy rates.
Faits sur la propriété
1 Lot disponible
Lot
| Taille du lot | 0,68 AC |
| Taille du lot | 0,68 AC |
1229 Exchange Parkway presents a prime commercial land opportunity in one of Allen’s fastest-growing corridors. Newly zoned Local Retail (LR), the property allows for a broad range of commercial uses, any use marked with an “X” under the LR column.
Description
Prime Retail Corridor Location: Situated along Exchange Parkway, one of Allen’s primary east-west thoroughfares, the property benefits from strong daily traffic counts, excellent frontage visibility, and convenient access to surrounding residential, retail, and medical developments. Its positioning within a rapidly expanding commercial corridor enhances long-term tenant demand and site desirability. Strong Allen Retail Fundamentals: The Allen retail submarket demonstrates exceptional stability and sustained demand: 3.6% Vacancy Rate (Tight market conditions) $30.50/SF Average Asking Rent 3.1% Year-Over-Year Rent Growth ±9.1 Million SF Total Retail Inventory Estimated 7.0% Market Cap Rate Low vacancy combined with steady rent growth reflects limited oversupply and continued absorption across the submarket.
Impôts fonciers
| Numéro de lot | R-6777-000-0100-1 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 136 750 $ CAD | Évaluation totale | 136 750 $ CAD |
Impôts fonciers
