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JLL Retail Capital Markets (“JLL”) is pleased to present the opportunity to acquire Twin Creeks Marketplace (the “Property”), a 43,134 square foot grocery-anchored retail center located within the affluent neighborhood of Allen, TX. The Property is anchored by a Sprouts that comprises 69% of the total rentable area. The Property caters to the surrounding affluent consumer base in Allen that boasts an average household income of $163,230 (71% above the DFW average). Twin Creeks Marketplace presents the opportunity to acquire a stabilized, grocery-anchored retail asset within the thriving DFW metroplex.
- STRONG HISTORICAL OCCUPANCY 97%+ LEASED SINCE 2017
- HIGH-PERFORMING SPROUTS
- SIGNIFICANT IN-PLACE CASH FLOW WITH STRONG NATIONAL TENANCY
- EXPLOSIVE POPULATION GROWTH 128% SINCE 2000 WITHIN 5-MILE RADIUS
- ROBUST DEMOGRAPHICS $132,742 AVG. HH INCOME (5-MILE RADIUS)
- STRONG ACCESS & VISIBILITY LESS THAN 1.5-MILES FROM U.S. 75