Peak Development Partners Acquires Development Site From Lance E.L. Ouellette In Coppell

The transaction involves a development site located at 1 West Sandy Lake Road in Coppell, Texas. The site encompasses 2 prime development acres adjacent to major retail intersections, with visibility along a bustling thoroughfare seeing approximately 17,000 vehicles per day. It is situated near notable businesses such as Sprouts and Andy's Frozen Custard. The property is intended for future retail development and shares its southern edge with several single-family residences along Wild Plum Drive.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not Disclosed
• Address: 1 West Sandy Lake Road, Coppell, Texas
• Buyer: Peak Development Partners
• Seller: Lance E.L. Ouellette
• Brokers: Davis Willoughby & Luke Nolan - Younger Partners

Davis Willoughby and Luke Nolan of Younger Partners represented both the buyer, Peak Development Partners, and the seller, Lance E.L. Ouellette, in this transaction. Younger Partners emphasized the strategic advantage of the site, highlighting its proximity to Coppell's major retail intersection and the potential for transformation into a significant community asset as the area continues to develop.