Retail

Twin Creeks Marketplace

1259 W Exchange Pkwy, Allen, TX, 75013, US

Executive Summarydownload
Twin Creeks Marketplace_Property for Sale

Gallery

Twin Creeks Marketplace 2_Property for Sale

Asset description

JLL Retail Capital Markets (“JLL”) is pleased to present the opportunity to acquire Twin Creeks Marketplace (the “Property”), a 43,134 square foot grocery-anchored retail center located within the affluent neighborhood of Allen, TX. The Property is anchored by a Sprouts that comprises 69% of the total rentable area. The Property caters to the surrounding affluent consumer base in Allen that boasts an average household income of $163,230 (71% above the DFW average). Twin Creeks Marketplace presents the opportunity to acquire a stabilized, grocery-anchored retail asset within the thriving DFW metroplex.

Attributes

Building area gross
43,134 sf
Occupancy
100.00%
Year built
2016
Land area Gross
5.14 acres (223,898 sf)

Investment highlights

  • STRONG HISTORICAL OCCUPANCY 97%+ LEASED SINCE 2017
  • HIGH-PERFORMING SPROUTS
  • SIGNIFICANT IN-PLACE CASH FLOW WITH STRONG NATIONAL TENANCY
  • EXPLOSIVE POPULATION GROWTH 128% SINCE 2000 WITHIN 5-MILE RADIUS
  • ROBUST DEMOGRAPHICS $132,742 AVG. HH INCOME (5-MILE RADIUS)
  • STRONG ACCESS & VISIBILITY LESS THAN 1.5-MILES FROM U.S. 75
Twin Creeks Marketplace 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 30, 2022