Description

850 South Allen Heights Drive is a 10,000 SF retail property offered for sale in Allen, TX. Formerly an early education facility, the property combines monument signage, surface parking and a playground/kids’ area on a 1.1 acres site.

Built in 2017, the property gives a buyer an existing retail building with features tied to its former early education use. The playground/kids’ area is a defining part of that setting, while monument signage provides a place for a business to identify itself on the site. Surface parking includes 49 spaces, giving visitors a dedicated place to park. Traffic is measured at 19,016 AADT, a useful figure for buyers weighing the importance of passing vehicles to their business plan. Together, the building and site features make this an owner-user opportunity with a distinct prior use.

The asking price is $2,700,000, or $270 PSF. For an owner-user, the decision centers on whether the existing building, parking, signage and outdoor area serve the intended operation. For an investor, those same features define how the property can be positioned for an occupier, without relying on an assumed occupancy or income stream. The former early education use gives buyers a starting point for planning around the building as it stands, while the traffic count and site amenities give them concrete attributes to weigh against the asking price.