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Shopping Strip

Shiloh Crossing

3505-3509 E Park Blvd, Plano, TX 75074

Listing Price: $7,386,000

Cap Rate
6.00%
Gross SF
24,665
Rentable SF
24,665
Price/Gross SF
$299.45
Lot Size
2.65 acres
Year Built
2000

Investment Overview

Shiloh Crossing is a 24,665-square-foot, multi-tenant neighborhood retail center that is well positioned in a densely populated area of Plano, Texas. The center is 100 percent leased with all triple-net leases. Tenants consists of Hound Therapy, Domino's Pizza, Pro Clips, Dr. Alexander M. Kasiri, DDS, Republic Finance, Hazel Sky Vape, Joli Nails, Farmer's Insurance, Tongue In Cheek Ice Cream, Donut Palace, and CWOK Asian Restaurant. Constructed in 2000, the subject property consists of two multi-tenant buildings, situated on a total of 2.65-acres with ample paved parking and highly visible pylon signs that provide exposure to the center. The subject property is in line with a Walmart Neighborhood Market (not a part) and is strategically located at the signalized, hard corner of East Park Boulevard and East Spring Creek Parkway. Shiloh Crossing is approximately three miles east of a dense retail trade area of US Highway 75 and Parker Road. The property is easily accessible from multiple ingress and egress points from both East Park Boulevard and Spring Creek Parkway, with cumulative traffic counts of approximately 20,038 vehicles per day. The property benefits from strong demographics in the surrounding area with a population exceeding 271,813 residents within a five-mile radius, and an average household income within a one-mile radius of $99,258; $104,274 within a three-mile radius; and $112,540 within a five-mile radius. Close proximity to Plano East Senior High School, Armstrong Middle School, and Bowman Middle School provide additional traffic to the area.

Investment Highlights

  • 24,665-Square-Foot, Multi-Tenant Neighborhood Retail Center | In Line with Walmart Neighborhood Market (Not a Part)
  • 100% Leased | All Leases Are Triple-Net
  • Complementary Mix of Local Tenants that are Internet-Resistant, Service-Oriented Businesses
  • Consists of Two Buildings Situated on 2.65-Acre Lot with Concrete Parking | Two Double-Sided Pylon Sign at the Entrance Enhances Visibility

Exclusively Listed By

Shopping Strip

Shiloh Crossing

Listing Price: $7,386,000

Cap Rate
6.00%
Gross SF
24,665
Rentable SF
24,665
Price/Gross SF
$299.45
Lot Size
2.65 acres
Year Built
2000

Investment Highlights

  • 24,665-Square-Foot, Multi-Tenant Neighborhood Retail Center | In Line with Walmart Neighborhood Market (Not a Part)
  • 100% Leased | All Leases Are Triple-Net
  • Complementary Mix of Local Tenants that are Internet-Resistant, Service-Oriented Businesses
  • Consists of Two Buildings Situated on 2.65-Acre Lot with Concrete Parking | Two Double-Sided Pylon Sign at the Entrance Enhances Visibility

Investment Overview

Shiloh Crossing is a 24,665-square-foot, multi-tenant neighborhood retail center that is well positioned in a densely populated area of Plano, Texas. The center is 100 percent leased with all triple-net leases. Tenants consists of Hound Therapy, Domino's Pizza, Pro Clips, Dr. Alexander M. Kasiri, DDS, Republic Finance, Hazel Sky Vape, Joli Nails, Farmer's Insurance, Tongue In Cheek Ice Cream, Donut Palace, and CWOK Asian Restaurant. Constructed in 2000, the subject property consists of two multi-tenant buildings, situated on a total of 2.65-acres with ample paved parking and highly visible pylon signs that provide exposure to the center. The subject property is in line with a Walmart Neighborhood Market (not a part) and is strategically located at the signalized, hard corner of East Park Boulevard and East Spring Creek Parkway. Shiloh Crossing is approximately three miles east of a dense retail trade area of US Highway 75 and Parker Road. The property is easily accessible from multiple ingress and egress points from both East Park Boulevard and Spring Creek Parkway, with cumulative traffic counts of approximately 20,038 vehicles per day. The property benefits from strong demographics in the surrounding area with a population exceeding 271,813 residents within a five-mile radius, and an average household income within a one-mile radius of $99,258; $104,274 within a three-mile radius; and $112,540 within a five-mile radius. Close proximity to Plano East Senior High School, Armstrong Middle School, and Bowman Middle School provide additional traffic to the area.

Exclusively Listed By

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