Lost Creek Village 1546-1550 Stacy Rd

17,801 SF 92% Leased Retail Building Allen, TX 75002 $7,248,000 ($407/SF) 6% Cap Rate

INVESTMENT HIGHLIGHTS

  • 100% Leased Neighborhood Retail Asset Located in the Dense & Affluent DFW Submarket of Allen, TX
  • Thriving Retail Trade Area with Over 3.5MM SF of Retail GLA in a 1.5 Mile Radius
  • Average Household Income of $197,000 in a 1 Mile Radii, Respectively
  • Average Rents of $24.40 PSF NNN While Comparable Retail Space in the Area is Leasing in the High $30’s to Low $40’s PSF NNN
  • Situated at Stacy Rd & Angel Pkwy; with Combined Traffic Volumes of Over 50,900 VPD
  • Allen was Ranked in 2024 as the #1 City for “Best Quality of Life” in Texas by LawnStarter

EXECUTIVE SUMMARY

Lost Creek Village is a 17,801 square foot neighborhood retail asset situated on 1.94 acres in the affluent and dense northern Dallas/Fort Worth submarket of Allen. Located off the well-traveled intersection of Stacy Road and Angel Parkway, the Property benefits from excellent visibility along Stacy Road and experiences traffic volumes in excess of 50,900 vehicles per day at the intersection with Stacy Road. Lost Creek Village is located approximately 30 minutes north of Downtown Dallas with close proximity to major Texas thoroughfares, US-75 and TX-121 (Sam Rayburn Tollway). The Property is 100% leased to a complementary tenant mix including Pizza Hut, Subway, Farmers Insurance, Fairview Eyecare, Fairview Dental, Skincare & Massage, Impact Chirosport, Curuba, Allen Smoke & Vape and Thai Papaya. In-place rents are on average only $24.40 PSF NNN, while new leases for comparable retail space have rents in the high $30’s to $40 PSF NNN. Lost Creek Village benefits from ample parking (120+ parking spaces), multiple ingress/egress points of access along Stacy Road, strong visibility, highly visible two-sided monument sign, partial masonry construction and average suite size of 1,618 square feet providing strong residual value.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
17,801 SF
Building Class
B
Year Built
2004
Price
$7,248,000
Price Per SF
$407
Cap Rate
6%
NOI
$434,887
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.94 AC
Zoning
C
Parking
117 Spaces (6.51 Spaces per 1,000 SF Leased)
Frontage
317 FT on Stacy Rd

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 195
  • 1,440 SF
  • Restaurant
  • In-Line
  • Now

Located in the affluent neighborhood of north Allen adjacent to Fairview; Lost Creek Village is situated on Stacy Road near Angel Parkway between CVS and Sonic drive-thru. Just under 1 mile east of Hwy 5 with major traffic generators that include The Village at Allen and The Village at Fairview.

Space Size Space Use Position Available
195 1,440 SF Restaurant In-Line Now

195

Size
1,440 SF
Space Use
Restaurant
Position
In-Line
Available
Now

NEARBY MAJOR RETAILERS

Comerica
Palio’s Pizza Café
Chase Bank
Taco Bueno
Salad and Go
24 Hour Fitness
  • Listing ID: 34580383

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: 1546-1550 Stacy Rd, Allen, TX 75002