Princeton Retail Strip - Multi-Tenant Asset

312 W Princeton Dr, Princeton, TX 75407

$3.5 Million

Project Turnover

5,800 SF

Square Feet Area

Approx. 1 Acre

Lot Size

~30,000 Vehicles Per Day (US 380)

Traffic Volume

Project Summary

Completed in 2018, this professionally developed multi-tenant retail center was positioned to capitalize on Princeton’s explosive growth. Anchored by a balanced tenant mix—including Tokyo House, Taco Factory, a neighborhood barbershop, and a mobile retail store—this property provided a strong foundation for recurring revenue with low turnover risk.

Property Highlights

  • Built-to-suit for food and service-based retail
  • Fully stabilized with diverse tenant profile
  • Shared surface parking with optimal traffic flow
  • Modern construction offering 24-hour access

Specifications


  • Year Built: 2018
  • Building Class: B
  • Occupancy: 100% Multi-Tenant
  • Parking Ratio: 8.79 spaces per 1,000 SF

Strategic Location Benefits

  • Located directly on US 380, Princeton’s primary retail corridor
  • Surrounded by national retailers, schools, and residential growth zones
  • Frontage offers maximum exposure with ±30,000 daily vehicle count

Tax & Zoning Details


  • Zoning: Commercial
  • Amenities: Modern utility setup, surface parking, 24-hour access

Investment Outcome


This project was a successful execution of high-demand retail real estate development in a Tier-1 growth submarket. With strong leasing velocity and long-term tenant appeal, the asset offered investors durable cash flow and strong resale potential.

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