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Princeton (Dallas), TX 75407
Dollar Tree
Property Address
5353 FM982, Princeton, TX, USA
Offering Summary
Price:
$2,754,000
Lot Size:
1.2 Acres
Cap Rate:
6.90%
Year Built:
2024
Building SF:
10,000
Status:
In Escrow
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Brand New 10-Year Corporate Lease with Dollar Tree (NASDAQ: DLTR)
Rental Increases Occurring in Each of Four, Five-Year Renewal Option Periods
New High Quality 2024 Construction - Opening Scheduled for November 7, 2024
Situated in the Dallas / Fort Worth MSA, 35 Miles East of Downtown Dallas
Average Household Income Exceeds $134,000 within a 1-Mile Radius
Princeton is One of the Fastest-Growing Cities in Texas - Households and Population Projected to Increase 50%+ in the Immediate Area by 2028
Adjacent to Bridgewater Master-Planned Community (2,300 Homes at Build-Out)
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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