Village at Allen Twin Creeks

Village at Allen Twin Creeks is a newly constructed 13,758 square foot, six-tenant neighborhood retail asset consisting of one building in the affluent and dense northern Dallas/ Fort Worth submarket of Allen. Located off the well-traveled intersection of West Exchange Parkway and North Watters Road, the Property benefits from excellent visibility and experiences traffic volumes in excess of 55,500 vehicles per day. West Exchange Parkway intersects with US-75 (Central Expressway) less than 0.5 east of the Property, giving Village at Allen Twin Creeks regional access to the rest of the DFW Metroplex. The Property is 100% leased to a complementary tenant mix including Koelker Dental, Vedora Nail Lounge, Food Street, Ship Xpress+, and Corazon y Fuego Cocina Latina. The Property features an average base lease term expiration of June 2035 with each of the tenants experiencing escalations through their primary terms. Village at Allen Twin Creeks benefits from strong fundamentals with an average suite size of 2,396 square feet providing strong residual value and multiple ingress/ egress points along West Exchange Parkway and North Watters Road. In a 2-mile radius, over 7.5M SF of retail GLA is anchored by notable national tenant retailers including Walmart Supercenter, Target, Dick’s Sporting Goods, Best Buy and TJ Maxx & HomeGoods amongst others.