Home Details for 409 E Princeton Drive

Prime Commercial Lease Opportunity in Princeton, Texas. These two parcels are located directly off the highly trafficked US 380-Princeton Dr., in prestigious Collin County. The location is unbeatable, featuring superb visibility along US 380 with 265.34 linear feet of frontage, surrounded by major retailers and services, including Walmart Supercenter, CVS, Ace Hardware, USPS, FedEx, Sonic, AutoZone, McDonald's, 7-Eleven, U-Haul, and Princeton City Hall, to name a few. VPD between 30,324 and 33,450. Two well-positioned buildings await. One at 2,112 SF and another at 3,520 SF, with ample parking and easy access via Highway 5, Hwy 121, I-75, and US 380. Future expansions, including the US 380 Bypass, will reroute heavy traffic, reduce congestion, and unlock more development potential. Just 48 miles from DFW Airport, 43 miles to Dallas Love Field, 41 miles to downtown Dallas, and 9.2 miles to McKinney National Airport (TKI), this is your chance to secure space in one of North Texas' hottest growth corridors. The Base Rent amount starts at $10-$15 per SF per year. The lease amount may vary depending on the terms. In addition, the triple net fee is $3 per SF per year. Lease terms are negotiable. The two parcels can be considered a single or multiple-tenant opportunity. The buildings will require thoughtful rehabilitation to unlock their full potential. The second parcel is an unimproved lot measuring 0.48 acres. All measurements and square feet are approximate. Tenant and Tenant's Representative are responsible for all due diligence. The owner will require a tenant application, background and credit check with fees, first month's rent, security deposit, and commercial general liability insurance coverage over the term of the lease, depending on the terms specified in the lease agreement.

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