906 Mcdermott DrAllen, TX 75013

Property Details for 906 Mcdermott Dr

Year built

1999

Lot size

4.28 AC

Property size (Sq ft)

29,259 SF

Zone code

COMM

Property type

Commercial real estate

APN

R-1890-00D-003R-1

APU

R189000D003R1

Description

Twin Creeks Village presents a prime retail investment opportunity in Allen, Texas. This established shopping center boasts a highly visible location at the northwest quadrant of McDermott Drive and US 75, one of Allen's most prominent intersections. The property comprises a total of 3,900 square feet across two suites within a 0.75-acre lot in Collin County. Currently, 2,700 square feet are available for lease, previously used for medical purposes, presenting a versatile space for various retail uses. The center is anchored by a Tom Thumb grocery store, ensuring a consistent flow of high daytime traffic and strong co-tenancy. This established location offers excellent visibility and accessibility, making it an ideal space for businesses seeking a legacy asset in a thriving community. The available pad offers significant potential for a variety of retail concepts to capitalize on the high traffic counts and established customer base. The property's strategic location and existing infrastructure make it a compelling investment opportunity for businesses looking to establish a strong presence in a rapidly growing area. The combination of a strong anchor tenant and high traffic volume makes this a rare opportunity in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $7,375,454

  Hospitality

  $6,755,876

  Educational

  $5,620,810

  Medical

  $5,814,118

  Retail

  $8,743,482

Location Insight

City

Allen

County

Collin

State

Texas

Latitude

33.1024

Longitude

-96.6839

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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