LiNC Brokers Deal on McKinney Retail Shopping Center
LiNC Commercial Reality brokered another major deal in the booming North Dallas suburbs. Representing the interests of CPF Enterprises, the LiNC team negotiated a win-win deal with DENMISIS LLS. for the 16,791 square-foot shopping center at 7901 El Dorado Parkway.
“Our group excels at finding ways to finalize deals where everyone comes away a winner,” LiNC Founder Najdi Rafaty says. “Everyone involved negotiated in good faith to come up with an outcome beneficial to all.”
This retail center sits on an 82,876 square-foot lot in one of the most desirable locations in North Texas. It boasts a 100% occupancy rate, ensuring a solid cash flow. That should allow plenty of additional value to be added into the property. Current tenants include Stewart Title, Cove51, Row House, Gracie Barre Martial Arts, and an Italian restaurant that will be reopening soon.
The area is equidistant from the center of Frisco and McKinney. It serves a market where the average household income sits well above six figures. The retail building itself fits perfectly into the surrounding area and exudes plenty of curb appeal. A proposed H-E-B grocery store just down the store will likely bring even more shoppers to the area.
“This is a great place to be,” Rafaty adds. “I have no doubt that we will be involved in more deals nearby somewhere down the road.”