Whole Foods Signs Lease For 50,000 Sq Ft Retail Space In McKinney's West Grove Development | 8701 West University Drive | Retail | Lease

Summary

Lease

TEXAS

Retail

50,000 sqft

Whole Foods will be opening a new 50,000-square-foot store in McKinney's West Grove mixed-use development. The store, which is set to open next January, will be located at the southeast corner of U.S. Highway 380 and Custer Road. With an estimated cost of $8.5 million, this grocery-anchored retail store will cater to over 180,000 residents within a 10-minute radius. The area's strong demand for grocery-anchored retail is evident, as the average household income of the target market is $163,132.

Summary of transation details

Property Type: Retail
Transaction Amount: Not specified
Square Footage: 50,000
Address: 8701 West University Drive McKinney
Market: McKinney

Artemio De La Vega, representing De La Vega Capital, is the landlord for this lease transaction. Jason Buechel, on the other hand, represents Whole Foods as the tenant in this deal.

Details

Deal Summary

LEASED

IMAGE: Artemio De La Vega & Jason Buechel DATE: 02/09/2024 ADDRESS: 8701 West University Drive McKinney MARKET: McKinney ASSET TYPE: Retail ~ SF: 50,000 LANDLORD: Artemio De La Vega - De La Vega Capital (@DeLaVegaDevelopment) TENANT: Jason Buechel - Whole Foods (@WholeFoods) NOTE: Whole Foods is building a 50,000-square-foot store in McKinney's West Grove mixed-use development, costing $8.5 million and set to open next January. Located at the southeast corner of U.S. Highway 380 and Custer Road, the store targets over 180,000 residents within a 10-minute radius, with an average household income of $163,132, highlighting the area's demand for grocery-anchored retail. uechel

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Address8701 West University Drive

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