409 E US 380, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


409 E US 380

Princeton, TX 75407

Active

List Price$1,999,999

Listing Image Listing Image

Listing #21208119

5,732

Square Feet

2

Number of Units

Commercial

Type

About This Property

Prime Commercial Real Estate Opportunity in Booming Princeton, Texas Right off the highly-trafficked US 380-E. Princeton Drive corridor in prestigious Collin County. The location is unbeatable: superb visibility along E. Princeton Dr.-US 380 with 2 parcels for consideration totaling 265.34 linear feet approx. of frontage and 1.090 acres. The properties are surrounded by major retailers and services, including Walmart Supercenter, CVS, Ace Hardware, USPS, FedEx, Sonic, Taco Bell, AutoZone, McDonald's, 7-Eleven, U-Haul, Princeton City Hall, and Princeton High School, just to name a few. TxDOT traffic count maps show VPD between 30,324 to 33,450. Two well-positioned buildings await: one at 2,112 SF and another at 3,520 SF, with ample graveled parking and easy access via Highway 5, Sam Rayburn Tollway (Hwy 121), I-75, and US 380 east to west. Future expansions-including the US 380 Bypass-will reroute heavy traffic, reduce congestion, and unlock even more development potential. The two parcels are for sale or for lease. The asking price for the two parcels are combined to total $1,999,999, as per owner. For a lease consideration, the base rental amount is $10-$15 Per SF Per YR plus NNN fee $3 per SF Per YR. Terms negotiable. This property can be considered a single or multiple buyer or tenant opportunity. Just 48 miles from DFW Airport, 43 miles to Dallas Love Field, 41 miles to downtown Dallas, and only 9.2 miles to McKinney National Airport (TKI)-this is your chance to secure space in one of North Texas' hottest growth corridors. Don't miss out on prime commercial real estate in Princeton - won't stay available long! Buyer-Tenant and or Buyer-Tenant's Representative responsible for all due diligence. All measurements and square feet are approximate. Information derived from sources deemed reliable but Astra Realty, LLC and Chris Jones do not warrant or guarantee any details herein. Please contact Chris Jones at (469) 404-5784.

Property Features

Location Information

County

Collin

Subdivision

See Records

Interior Features

Has Fireplace

No

Floors

Concrete, Other

Heating

None

Tenant Pays

All Utilities

Cooling

None

Total Number of Units

2

Exterior Features

Construction

Other

Lot Size in Sq. Ft.

47,480

Foundation

Other, Slab

Possible Best Use

Automotive, Other, Retail

Roof

Composition, Metal, Other

Zoning

Contact City

Water / Sewer

Electricity Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

5,732

Utilities

Electricity Available, Sewer Available, Water Available

Road Description

City Street

Parking Description

Additional Parking, Concrete, Gravel, Other

Is One Story

No

Lot Description

Acreage, Few Trees

Lot Description

Acreage, Few Trees

Lot Size in Acres

1.09

Additional Information

Year Built Details

Preowned

Year Built

1985

Property Type

COM

Status

Active

Property SubType

Retail

Lot Acres Source

Assessor

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Mortgage Calculator

$9,339

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,207

Monthly Tax

$1,666

Monthly Insurance

$466

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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