Preston & Outerloop

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Preston & Outerloop

Celina, TX 76513
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land <ul><li>​3 tracts total: ±33 AC Northern Tract</li><li>​±16.92 AC Southeastern Tract</li><li>​±1.2 AC Southwestern Tract</li><li>​Located along Collin County Outer Loop across from the Shawnee Trail, 190- Acre Mixed Use Development, anchored by future  Walmart and future H-E-B anchored development</li><li>​Celina is the fastest-growing city in North Texas with 125% growth in the last five years, 1,000 new residents projected each month, and 1,110+ residential lots and 5,000 apartment units under

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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