princeton rossros princeton, tx

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Princeton Crossroads | Princeton, TX

FOR LEASING INFORMATION

DANE THOMSON214.682.9005 | [email protected]

DARRYL COTHRON214.213.6152 | [email protected]

Princeton Medical Office BuildingsPrinceton, TX

08/02/19 GHA Architecture / Development14901 Quorum Drive, Suite 300

Dallas, Texas 75254 (972) 239-8884Perspective 1

FOR LEASE• Phase 1: Two 10,520 square foot buildings located in Princeton, TX

with easy access to Highway 380 and Hwy 75.• Construction to begin on lease up of first 3,000 square feet• Rental Rate: $25.00 NNN• Princeton has seen over a 13% annual population growth since

2015. 2025 population is projected to be 33,586. • Multiple new housing developments are currently under

construction that will add another 3000 roof tops over the next several years

• Princeton had over 900 housing starts in 2018 and should end 2019 with another 1000 housing starts

• Multi-family options are planned and permitted near Princeton

Crossroads and Princeton High School

DEMOGRAPHICS 1 mile 3 mile 5 mile

Population 5,376 20,262 48,738

Average Household Income $75,620 $81,564 $78,066








Dallas, Texas 75254 (972) 239-8884Perspective 2



Dallas, Texas 75254 (972) 239-8884Colored Site Plan

PHASE 1BLD. AREA = 10,520 S.F.2 X 10,520 = 21,040 S.F.21,040 / 200 = 106 PARKS REQ.125 PARKS PROV.

PHASE 2BLBLD. AREA = 10,520 S.F.3 X 10,520 = 31,560 S.F.31,560 / 200 = 158 PARKS REQ.179 PARKS PROV.

LOT 4, BLOCK ACONCEPT 4

MEDICAL OFFICEPRINCETON CROSSROADS

LOT 4A

LOT 4C

LOT 4B

LOT 4D

COVERED SERVICE COURT

WALKING TRAIL

MONUMENT SIGN

PHASE 2

BLDG. 1

BLDG. 2

BLDG. 3

BLDG. 4BLDG. 5

PHASE 1






PRINCETON CROSSROADS SURROUNDING DEVELOPMENT

EW

ETJ

MAP KEY

EW

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MAP KEY

Princeton Crossroads_Raw LandTexas, AC +/-

Boundary Boundary Boundary Boundary

Dillon CookP: 214-416-8223 [email protected] 3625 North Hall Street, Suite 630, Dallas, TX 75219

The information contained herein was obtained from sourcesdeemed to be reliable. MapRight Services makes no warrantiesor guarantees as to the completeness or accuracy thereof.844.932.6277 - mapright.com

US HWY 380 (±19,200 VPD)

US HWY 380 (6 LANES IN 2020)

BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED

HAZELWOOD RD (CR 456)

COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D

PRINCETON HIGH SCHOOL

PROPOSED MEDICAL OFFICE

FUTURE CITY HALL AND CITY PARK

328 SINGLE FAMILY HOMES DELIVERED 2020

312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

ABBEY CROSSING520+ LOTS

AVALON34 LOTS

HARVEST POINT883 LOTS

PARK TRAILS870 LOTS

MONTE CARLO146 ACRES

LAKE LAVON

CYPRESS BEND

382 LOTS

PRINCETONLAKES70 LOTS

HILLSIDE40.3 ACRES

TRAILS AT RIVERSTONE

553 LOTS

CREEKVIEW171 LOTS

VILLAS ATMONTE CARLO

130 ACRES

RAGON ESTATES43 ACRES

WHITEWING TRAILS

3,444 LOTS

PRINCETONESTATES287 LOTS

PRINCETONCROSSROADS

ARCADIA FARMS976 LOTS

PRINCETON BUSINESS PARK

MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN

Princeton High School

4A1,125 Students

McKinney National Aiport

9.3 Miles

WINCHESTER ESTATES1,199 LOTS

EXISTING

PROPOSED

UNDERWAY

SURROUNDING DEVELOPMENT KEYSTATUS COLOR # OF LOTS

+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4

PRINCETON CROSSROADS


EW

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MAP KEY

EW

ETJ

MAP KEY





US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019


AVALON34 LOTS


PARK TRAILS870 LOTS


LAKE LAVON

CYPRESS BEND

382 LOTS


HILLSIDE40.3 ACRES


553 LOTS

CREEKVIEW171 LOTS


130 ACRES


WHITEWING TRAILS

3,444 LOTS


PRINCETONCROSSROADS



MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN


4A1,125 Students


9.3 Miles


EXISTING

PROPOSED

UNDERWAY


+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4



EW

ETJ

MAP KEY

EW

ETJ

MAP KEY





US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019


AVALON34 LOTS


PARK TRAILS870 LOTS


LAKE LAVON

CYPRESS BEND

382 LOTS


HILLSIDE40.3 ACRES


553 LOTS

CREEKVIEW171 LOTS


130 ACRES


WHITEWING TRAILS

3,444 LOTS


PRINCETONCROSSROADS



MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN


4A1,125 Students


9.3 Miles


EXISTING

PROPOSED

UNDERWAY


+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4



EW

ETJ

MAP KEY

EW

ETJ

MAP KEY





US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019


AVALON34 LOTS


PARK TRAILS870 LOTS


LAKE LAVON

CYPRESS BEND

382 LOTS


HILLSIDE40.3 ACRES


553 LOTS

CREEKVIEW171 LOTS


130 ACRES


WHITEWING TRAILS

3,444 LOTS


PRINCETONCROSSROADS



MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN


4A1,125 Students


9.3 Miles


EXISTING

PROPOSED

UNDERWAY


+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4



EW

ETJ

MAP KEY

EW

ETJ

MAP KEY





US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019


AVALON34 LOTS


PARK TRAILS870 LOTS


LAKE LAVON

CYPRESS BEND

382 LOTS


HILLSIDE40.3 ACRES


553 LOTS

CREEKVIEW171 LOTS


130 ACRES


WHITEWING TRAILS

3,444 LOTS


PRINCETONCROSSROADS



MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN


4A1,125 Students


9.3 Miles


EXISTING

PROPOSED

UNDERWAY


+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4


PRINCETON CROSSROADS PRICING

5

NUMBER PARCEL NET ACRES SQUARE FEET PPSF PPAC TOTAL

1 Single Family Residential 87.424 3,808,189.44 $ -- $ -- Sold

2 Townhome 13.399 583,660.44 $2.75 $119,790 $1,605,066

3 City Hall 14.654 638,328.24 $ -- $ -- Sold

4 Hotel 2.592 112,907.52 $5.50 $239,580 $620,991

5 Hotel 1.429 62,247.24 $6.00 $261,360 $373,483

6 Commercial/Senior Living 6.502 283,227.12 $6.50 $283,140 $1,840,976

7 Multifamily 10.536 458,948.16 $4.00 $174,240 $1,835,793

8A Commercial/Medical/Other 13.115 571,289.40 $4.50 $196,020 $2,570,802

8B Commercial/Medical/Other 9.706 422,793,36 $4.25 $185,130 $1,796,872

9 Multifamily 9.256 403,191.36 $ -- $ -- Sold

9A Retail/Entertainment/Medical 11.187 487,305.72 $4.25 $185,130 $2,071,049

9B Retail/Entertainment/Medical 23.698 1,032,284.88 $4.25 $185,130 $4,387,211

9C Retail/Entertainment/Medical 15.452 673,089.12 $4.00 $174,240 $2,692,356

10 Multifamily 12.000 522,720.00 $ -- $ -- Contract Pending

11 Self Storage 6.258 272,598.48 $5.25 $228,690 $1,431,142

12 Commercial/Senior Living/Office 5.066 220,674.96 $4.50 $196,020 $993,037

13 Commercial/Senior Living/Office 2.363 102,932.28 $3.50 $152,460 $360,263

14 Pad Site 1.992 86,771.52 $14.25 $620,730 $1,236,494

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSSR

OAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

UNDER

CONTRACT

MAP KEY

CONTRACT

PENDING

EW

NEGOTIATING

LOI

CLOSED

1

2

3 4

268B

5

6 7

9

9B 9C9A

10 11 1213

1415

1716

1819

2021

22

23

29 3028

35

33

34

8A

3227

31

24 25


EW

ETJ

MAP KEY

EW

ETJ

MAP KEY





US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457)

BOOR

MAN

LN

(CR

457)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OSS

ROAD

CR 4

90

LAKE

RID

GE R

D





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019

US HWY 380 (±19,200 VPD)


BOOR

MAN

LN

(CR

457

)BO

ORM

AN L

N (C

R 4

57)

PROJECTED


COLE

ST

PRIN

CETO

N CR

OS

SROA

D

CR 4

90

LAK

E RI

DGE

RD





312 UNITS BREAKING

GROUND 2019

260 UNITS BREAKING

GROUND 2019


AVALON34 LOTS


PARK TRAILS870 LOTS


LAKE LAVON

CYPRESS BEND

382 LOTS


HILLSIDE40.3 ACRES


553 LOTS

CREEKVIEW171 LOTS


130 ACRES


WHITEWING TRAILS

3,444 LOTS


PRINCETONCROSSROADS



MYRICK LN

MONTE CARLO BLVD

2ND

ST

BOORMAN LN


4A1,125 Students


9.3 Miles


EXISTING

PROPOSED

UNDERWAY


+/ - 275

+/ - 4,123

+/ - 2,048

+/ - 975

PROJECTEDPOPULATION

+/- 825

+/ - 12,369

+/ - 6,144

+/ - 2,925

TOTAL +/ - 7,421 +/ - 22,263

4


princeton rossros princeton, tx

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