Property Information
Chick-fil-A Ground Lease
Retail - Texas
- Site located on the southeast corner of US-380 and Cypress Bend Pkwy next to a brand new development retail strip center and a new development Freddy’s Steak Burgers.
- Situated across US-380 from a Market Street development and proposed power center with commitments from multiple national credit retailers.
- Since 2012, Princeton has seen a 416% increase in new home starts and a 65% increase in median home prices. By 2050, the city’s population is projected to grow to nearly 80,000 residents.
| Listing Type | Investment Sales |
|---|---|
| Lot size | 2.16 acre |
| Building Size | 4,849 SF |
| Cap Rate | 3.75% |
| NOI | $$180,000.00 |
| Price | $4,800,000.00 |
| City | Princeton |
| State | Texas |
| Lease Type | NNN |
