McKinney Square

Price: $2,919,000
Sq. Ft.: 15,535
Cap Rate: 7.93%
Built: 1900

McKinney Square is a 15,535-square foot multi-tenant retail strip in McKinney, Texas. Tenants consist of Swanky Boutique, Patina Green Home, Lanio’s Candies, SIP Ventures,, and Release 2 Systems. Leases are a mix of triple-net and gross. The two-story building was originally constructed in 1900 and was renovated in 2005. It is situated on a .24 acre lot.

The subject property is located on the signalized hard corner of North Tennessee Street and East Virginia Street in Historic Downtown McKinney, offering retail, office, arts, entertainment, residential, restaurant and leisure opportunities. The property is directly across from the Collin County courthouse, also home to the McKinney Performing Arts Center. This desirable location on the town square has phenomenal demographics, with a five mile population of 107,300 and an average household income exceeding $102,000.