721 Main StAllen, TX 75002

  • Commercial real estate
  • 7,500 SF
For Lease
$14/SF/YR View listing

Property Details for 721 Main St

Year built
1998
Lot size
0.65 AC
Property size (Sq ft)
7,500 SF
Property type
Commercial real estate
APN
R-3783-001-0010-1
APU
R378300100101

Description

This exceptional 7,517-square-foot retail property in Allen, Texas, presents a remarkable investment opportunity. Situated on a prominent 0.65-acre hard corner lot (28,314 sq ft) at 721 E Main St, 75002, this single-tenant building boasts unparalleled visibility with 29,000 vehicles passing daily. The property features ample parking (32 spaces) and convenient access via a six-lane roadway with dedicated turn lanes and full left-in/left-out capabilities. Currently occupied by a high-volume Dollar General, this Class B building, constructed in 1998, offers a flexible, open floor plan within its block construction. The property is zoned PD-5 (Shopping Center) and benefits from a strong location adjacent to established businesses like Dairy Queen, Kindercare, and O'Reilly's, ensuring high foot traffic and brand recognition. The property's tax rate is $1.80 per square foot. NNN lease terms are in place. The asking rent is $14.00 per square foot annually, with availability commencing February 1, 2025. This is a rare chance to acquire a high-performing retail asset in a thriving Texas market. The property's APN is R-3783-001-0010-1. Cross street is Fountain Park Drive.

Location Insight

City
Allen
County
Collin
State
Texas
Latitude
33.1008
Longitude
-96.653
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,805
$269,401
$408,599
$678,000
-
$269,401
$408,599
$678,000

FAQs

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