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SWC Custer Road & Choate Parkway
Celina, TX 75009
Asking Price
Contact for price
Asset Type
Commercial Retail
Class
Class B
What's Special
SWC Custer Road & Choate Parkway, Celina, TX 75009 <ul><li>This site is located adjacent to the Mustang Lakes Subdivision (3420 homes) and the Parks at Wilson Creek (2000 Lots).</li><li>Celina and McKinney are experiencing rapid growth. Celina is the fastest growing city in North Texas adding 10,000 people per year with an expected population of over 50,000 people in the next couple of years. McKinney's population is 206,654 and continuing to grow.</li><li>Average household incomes in Celina and McKinney are $120,000 and $90,725 respectively.
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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
