Shops on Custer
Shops on Custer is a 14,848 square foot retail center located in the affluent, high-growth city of McKinney, Texas. Newly constructed in 2018, the Property is positioned at the hard corner of Custer Road and Eldorado Parkway approximately 35 minutes north of Downtown Dallas, 5 minutes north of TX-121 (Sam Rayburn Tollway) and 5 minutes south of Highway 380. Shops on Custer is 100% leased with a weighted average base lease term of 8.66 years. All tenants signed new leases that commenced in 2018 or 2019 with five of six tenants having at least one rent escalation during their primary terms and two, 5-year renewal options. Additionally, Mod Pizza and First Watch have corporate leases. The Property is located near an exciting retail intersection that features Kroger Marketplace, Starbucks, Zoe’s Kitchen, Petco, Jersey Mike’s Subs, Verizon, Orangetheory Fitness, Smoothie King, Subway, Cici’s Pizza, Great Clips and GNC among numerous other national and regional tenants.