885 Junction DrAllen, TX 75013

For Sale
Call for price

Class A retail space, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 7,907-square-foot retail property, built in 2021, is located at 885 Junction Drive in Allen, Texas, within the Allen/McKinney submarket of the Dallas/Fort Worth metroplex. Situated in Collin County, zip code 75013, this Class A space enjoys a prime location with convenient access to Central Expressway, Exchange Parkway, and McDermott Drive. The property is currently 100% leased to Action Behaviors Center, a rapidly expanding autism center with over 160 locations nationwide. This single-tenant lease offers a stable income stream with a seven-year initial term and two five-year renewal options, ensuring long-term financial security for investors. The property boasts an above-market rental rate and benefits from the strong cash flow generated by a private equity-backed tenant. The building provides ample parking, with 2.25 spaces per 1,000 square feet. This investment opportunity is further enhanced by the growing demand for autism services nationwide, fueled by increased federal allocations. The property is situated in an amenity-rich area with excellent demographics, making it an attractive addition to any stabilized portfolio.

Highlights

  • Brand new, 7-year single-tenant lease.
  • Two, 5-year renewal options.
  • Above-market rent.
  • Strong cash flow from a private equity-backed tenant.
  • High demand driven by federal autism funding.
  • Amenity-rich Allen/McKinney submarket.

Property Details for 885 Junction Dr

Property type
Other retail properties, Retail properties
Square Feet
7,907 SF
Year Built
2021

Location Insight

City
Allen
County
Collin
State
Texas
Latitude
33.1102066
Longitude
-96.6794425
885 Junction Dr, Allen, Texas

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885 Junction Dr
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