Victory Shops at Stonebridge III is a 15,398-square-foot, multi-tenant retail center located in the rapidly growing city of McKinney, Texas. Constructed in 2023, the property features a diverse mix of high-quality tenants, including health and wellness brands such as Burn Boot Camp, BodyBar Pilates, Degree Wellness, and Deka Lash. The center is fully leased with long-term, personally guaranteed leases, all structured on triple-net terms. There is an expanded patio area on the west end of the property that could be utilized for future restaurant tenants.
The subject property is positioned in the heart of McKinney’s high-growth US-380/University Drive corridor—one of North Texas’ most active rooftops-and-retail expansion markets. The property benefits from direct access to dense, affluent residential trade areas anchored by the Stonebridge Ranch master-planned community (5,000+ acres, 70+ distinct villages), providing a deep base of daily-needs consumers and consistent service/restaurant demand. Nearby retailers include Walmart Supercenter, AutoZone, Fuzzy’s Taco Shop, Jason’s Deli, The Home Depot, Sprouts Farmers Market, Lowe’s, and many more. The area enjoys robust demographics with an affluent population, including a total population of 88,290 within three miles, and 236,110 within five miles. Additionally, the average household income in the area is $185,334 within one mile, $158,743 within three miles, and $158,698 within five miles, demonstrating strong buying power.
- FULLY STABILIZED RETAIL CENTER IN THE STONEBRIDGE RANCH MASTER-PLANNED COMMUNITY
- Victory Shops at Stonebridge III is a fully stabilized asset with 100% occupancy on NNN leases. The PROPERTY IS ANCHORED BY A DIVERSE MIX OF TENANTS, PROVIDING RELIABLE AND STEADY CASH FLOW FOR INVESTORS.
- ANNUAL RENT INCREASES FOR LONG-TERM INCOME GROWTH
- The majority of leases include annual rent escalations, providing built-in year-over-year income growth.
- NEW (2023) CONSTRUCTION
- Completed in 2023, the building is a newer construction retail center, offering modern amenities, high-quality construction, and minimal immediate capital expenditures.
- NEAR SIGNALIZED INTERSECTION WITH HIGH TRAFFIC COUNTS
- Located near the signalized intersection of North Stonebridge Drive and West University Drive/US Highway 380, the property benefits from cumulative traffic counts exceeding 51,389 vehicles per day.
- PRIME LOCATION IN HIGH-GROWTH MCKINNEY MARKET
- The property is well positioned to serve an extremely affluent area having an average household income of $185,334 within one mile and $158,698 within five miles. Population exceeds 236,110 residents within five miles.
- 10 Miles from McKinney National Airport | Undergoing $79M Expansion to Provide Commercial Service
- The property is less than five miles from McKinney National Airport, which is transitioning from a general aviation airport to deliver commercial air service to accommodate regional growth. The airport will feature a four-gate terminal building with the ability to expand to six gates, anticipated to be ready for service in late 2026.