Land For Sale • 0.68 AC
Prime Retail Corridor Location: Situated along Exchange Parkway, one of Allen’s primary east-west thoroughfares, the property benefits from strong daily traffic counts, excellent frontage visibility, and convenient access to surrounding residential, retail, and medical developments. Its positioning within a rapidly expanding commercial corridor enhances long-term tenant demand and site desirability. Strong Allen Retail Fundamentals: The Allen retail submarket demonstrates exceptional stability and sustained demand: 3.6% Vacancy Rate (Tight market conditions) $30.50/SF Average Asking Rent 3.1% Year-Over-Year Rent Growth ±9.1 Million SF Total Retail Inventory Estimated 7.0% Market Cap Rate Low vacancy combined with steady rent growth reflects limited oversupply and continued absorption across the submarket.
| Prime Retail Corridor Location |
| Strong Allen Retail Fundamentals |
| Highly Active & Liquid Investment Market |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Dallas Love Field | 39 min | - | 29.2 mi |
| Dallas-Fort Worth International | 43 min | - | 33.3 mi |