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Shoppes at Virginia 3801 Virginia Pky 17 978 pi² 100% Loué Commerce de détail Immeuble McKinney, TX 75071 14 655 823 $ CAD (815,21 $ CAD/pi²) 6,35% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 17,978 SF, 100% Leased, Two (2) Building Retail Center with Two (2) Drive-Thru End- Caps in the High-Growth Submarket of McKinney, TX
- Average Base Lease Term Expiration of July 2034 with All Tenants Experiencing Rent Bumps During Primary Term
- Adjacent Tenants at the Intersection Include Walmart Neighborhood Market, Starbucks, 7-Eleven, Driver’s Edge & Pizza Hut
- Average Household Income Exceeds $198,900 and $160,600 in a 1- & 5-Mile Radius, Respectively
- +/- 2.31 Acre Site, Upscale Façade with a Tall & Modern Canopy Design, 20-Yr Manufacturer's Roof Warranty, 17 FT Deep Covered Patio with LED Lighting
- McKinney, TX Ranked #1 Real Estate Market in the US in 2024 by WalletHub
RÉSUMÉ DE L'ANNONCE
Shoppes at Virginia is a 17,978 square foot, 100% leased, two (2) building retail asset with two (2) drive-thru end-caps and located with cross access to the signalized intersection at Hardin Boulevard along Virginia Parkway, west of the U.S. Highway 75. Situated on a 2.31-acre parcel, the Property is minutes from Downtown McKinney, and
approximately 40 minutes due north of Downtown Dallas in the high-growth affluent northern Dallas submarket of McKinney, Texas. Newly constructed in 2024 the building features an upscale façade with a tall and modern canopy design and a 17 feet deep covered patio with LED lighting. Shoppes at Virginia is leased to a complementary tenant mix led by Action Behavior Centers (corporate), Shipley Do-nuts (multi-unit operator), CJJF Jiu Jitsu, Kindred Smiles, and Krishna Bhavan Indian Restaurant. In-place rents at the Property average $37.47 PSF NNN with average base lease term expiration of July 2034 and all tenants experiencing rent escalations during their primary terms. The intersection of Virginia Parkway and Hardin Boulevard hosts Walmart Neighborhood Market, Starbucks and 7-Eleven, among others.
approximately 40 minutes due north of Downtown Dallas in the high-growth affluent northern Dallas submarket of McKinney, Texas. Newly constructed in 2024 the building features an upscale façade with a tall and modern canopy design and a 17 feet deep covered patio with LED lighting. Shoppes at Virginia is leased to a complementary tenant mix led by Action Behavior Centers (corporate), Shipley Do-nuts (multi-unit operator), CJJF Jiu Jitsu, Kindred Smiles, and Krishna Bhavan Indian Restaurant. In-place rents at the Property average $37.47 PSF NNN with average base lease term expiration of July 2034 and all tenants experiencing rent escalations during their primary terms. The intersection of Virginia Parkway and Hardin Boulevard hosts Walmart Neighborhood Market, Starbucks and 7-Eleven, among others.
FAITS SUR LA PROPRIÉTÉ Sous contrat
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
17 978 pi²
Année de construction
2025
Prix
14 655 823 $ CAD
Prix par pi²
815,21 $ CAD
Taux de capitalisation
6,35%
Revenu net d’exploitation
930 698 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
2,31 AC
COMMODITÉS
- Service au volant
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
1 de 9
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Shoppes at Virginia | 3801 Virginia Pky
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