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$2,288
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Property Description
Prime Commercial Lease Opportunity in Princeton, Texas. These two parcels are located directly off the highly trafficked US 380-Princeton Dr., in prestigious Collin County. This rapidly expanding hotspot has more than doubled its population in recent years, earning the title of America's fastest-growing city from 2020 to 2024. With 37,019 residents in 2024, a strong average household income of $107,221, and median age of 33.2, Princeton is growing at 8x the national rate. Projections show it could reach 2.4 million residents by 2050, making it a top destination to invest, build, and live. The location is unbeatable, featuring superb visibility along US 380 with 265.34 linear feet of frontage, surrounded by major retailers and services, including Walmart Supercenter, CVS, Ace Hardware, USPS, FedEx, Sonic, AutoZone, McDonald's, 7-Eleven, U-Haul, and Princeton City Hall, to name a few. VPD between 30,324 and 33,450. Two well-positioned buildings await. One at 2,112 SF and another at 3,520 SF, with ample parking and easy access via Highway 5, Hwy 121, I-75, and US 380. Future expansions, including the US 380 Bypass, will reroute heavy traffic, reduce congestion, and unlock more development potential. Just 48 miles from DFW Airport, 43 miles to Dallas Love Field, 41 miles to downtown Dallas, and 9.2 miles to McKinney National Airport (TKI), this is your chance to secure space in one of North Texas' hottest growth corridors. The Base Rent amount starts at $10-$15 per SF per year. The lease amount may vary depending on terms. In addition, the triple NNN fee is $3 per SF per year. Lease terms are negotiable. The two parcels can be considered a single or multiple-tenant opportunity. The buildings will require thoughtful rehabilitation to unlock their full potential. Tenant and Tenant's Representative are responsible for all due diligence. The second parcel is an unimproved lot measuring 0.48 acres. All measurements and square feet are approximate. Photos coming soon.
Full Property Details
Full Property Details for 409 E Princeton Dr
General
- Price: $2,288
- Status: Active
- Type: Commercial Lease
- Source: NTREIS
- MLS ID: 21164546
- Updated: 3/14/2026
- Added to Site: 58 day(s) ago
Business
- Business Type: Other, Retail
Rental Information
- Lease/Rent Term: Negotiable
Interior
- Flooring: Concrete, Other
Parking
- Parking Features: Asphalt, Concrete, Gravel, Unpaved
Location
- County: Collin
- Subdivision: A0957
- Driving Directions: One of the parcel's address is 409 E. Princeton Drive, Princeton, TX 75407. From I-75, exit US 380. On US 380, drive east toward the city of Princeton. Once in Princeton, drive to 409 E. Princeton Drive. The property will be on the right. Please use Google Maps or the like for accurate directions.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Metal Siding, Other, Concrete
- Roof: Metal, Other, Shingle
- Stories/Levels: 1
- Square Feet: 5,632
- Sq. Ft. Source: Assessor
- Year Built: 1985
Lot Features
- Lot Size (Acres): 1.09
- Lot Size (Sq. Ft.): 47,480
- Lot Size Source: Assessor
- Frontage: Highway
- Lot Features: Acreage, Interior Lot
- Potential Use: Automotive, Food Service, Medical/Dental, Office, Other, Restaurant, Retail
- Zoning: Contact City
Financial Considerations
- Tenant Pays: All Utilities, Other
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: ABS A0957 HARDIN WRIGHT SURVEY, SHEET 7, TRAC 292,
- Inclusions: Building Only, Land & Improvements, Other
- Property ID: R1203138
- Block: 7
Listed by Astra Realty LLC, Chris Jones
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Price & Sales History for 409 E Princeton Dr
Date
Details
Price
Change
Source
3/14/2026
Price Reduced
$2,288
-62.5%
MLS
1/28/2026
Listed
$6,101
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 409 E Princeton Dr
409 E Princeton Drive, Princeton, TX 75407 (MLS# 21164546) is a Commercial Lease property. 409 E Princeton Drive is currently listed for $2,288 and was received on January 28, 2026. Want to learn more about 409 E Princeton Drive? Do you have questions about finding other Commercial Lease real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

