Creekside Crossing

Price: $10,379,000
Sq. Ft.: 18,260
Cap Rate: 5.6%
Built: 2019

Creekside Crossing is a 100 percent leased, 18,260-square-foot, multi-tenant retail center that is well-positioned to serve an extremely affluent and densely populated area in the North Dallas suburb of Frisco, Texas.  All leases are triple-net, and the majority of the leases include scheduled rent escalations during the primary term. The tenant base is a complementary mix of internet-resistant businesses, including Cookie Cutter Haircuts for Kids, Blast Swim Academy, Farrall’s Extreme Bodyshaping, Black Label Beauty, G.O.A.T.’s Arena Sports Bar, Happy Morning Café, and Cold Stone Creamery. The building is new (2019) construction, featuring an attractive architectural design.  The property is situated on a 1.94-acre lot with ample concrete parking.

  • 18,260-Square-Foot, Multi-Tenant Retail Center
  • Fully Stabilized Asset with New, Long-Term Leases | 100% Occupied | All Leases are Triple-Net
  • Tenants are a Complementary Mix of Internet-Resistant Businesses
  • Current Average Rents are Below Market
  • Majority of the Leases Include Scheduled Rental Increases During the Term
  • Building is New (2019) Construction, Situated on a 1.94-Acre Parcel with a Concrete Parking Lot | Double-Sided Pylon Sign Provides Additional Exposure
  • Located on FM 423 Near the Intersection with King Road/North Main Street | High Traffic Counts of Approximately 44,946 Vehicles per Day
  • Well Positioned to Serve a Highly Affluent and Densely Populated Area | Population is 229,487 Residents within a Five-Mile Radius | Average Household Income is $145,657 within One Mile; $158,404 within Three Miles; and $145,939 within Five Miles
  • Borders the Town of Little Elm on the Eastern Shores of Lewisville Lake, One of the Largest Recreational Lakes in North Texas | Hosts Approximately Six Million Visitors Annually
  • Approximately 28 Miles from Dallas/Fort Worth International Airport