Prime Commercial Lease Opportunity in Booming Princeton, Texas. This property is located directly off the highly trafficked US 380 aka Princeton Dr., in prestigious Collin County. The city's motto, Progress With Purpose, comes to life every day. This rapidly expanding hotspot has more than doubled its population in recent years, earning the title of America's fastest-growing city from 2020 to 2024. With 37,019 residents in 2024, a strong average household income of $107,221, and median age of 33.2, Princeton is growing at 8x the national rate. Projections show it could reach 2.4 million residents by 2050, making it a top destination to invest, build, and live. The location is unbeatable, featuring superb visibility along US 380 with 265.34 linear feet 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 only 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 is $10-$15 per SF per year. Asking price may vary depending on terms. In addition, the triple NNN fee is $3 per SF per year. Lease terms are negotiable. This property can be considered a single or multiple-tenant opportunity. The buildings will require thoughtful rehabilitation to unlock their full potential. Tenant and Tenant's Representative are responsible for all due diligence. All measurements and square feet are approximate. Photos coming soon.