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Office

Office Town at Village Creek

5156 Village Creek Dr, Plano, TX 75093

Listing Price: Request For Offer

Gross SF
5,072
Rentable SF
5,072
Lot Size
0.43 acres
Year Built
1998

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale the Office Town at Village Creek, a high-quality medical office building located in Plano, Texas. The property is approximately 5,072 square feet and is located off President George Bush Turnpike. The multi-tenant building is situated on 0.43 acres of land and is located minutes away from Baylor Scott & White Medical Center and Medical City Plano.

The Office Town at Village Creek building was built in 1998 and is located in a convenient and accessible location, being adjacent to President George Bush Turnpike, and two miles from Dallas North Tollway. The property is currently fully occupied by a dentists office and DLC Restaurant Services both with NNN lease structures in place offering minimal landlord responsibilities.

The Office Town at Village Creek benefits from strong demographics, serving a five-mile population of approximately 366,622 residents with a one-mile average household income exceeding $151,573. The adjacent West Plano Parkway sees an annual average daily traffic count of 24,837 vehicles.

Investment Highlights

  • 100% occupied Medical Office with NNN Leases Offering Minimal Landlord Responsibilities
  • Annual Rental Escalations for Both Tenants
  • WALT of 5.3 Years with Staggered Leases
  • Adjacent to President George Bush Turnpike Allowing For Easy Access
  • Located Approximately Two Miles From Medical City Plano A 603-Bed Acute Care Facility With More Than 1,800 Physicians Representing Over 70 Specialties And Subspecialties
  • Strong Demographics with 366,622 Residents Within 5 Miles and an Average Household Income Exceeding $151,573 Within One Mile

Exclusively Listed By

Office

Office Town at Village Creek

Listing Price: Request For Offer

Gross SF
5,072
Rentable SF
5,072
Lot Size
0.43 acres
Year Built
1998

Investment Highlights

  • 100% occupied Medical Office with NNN Leases Offering Minimal Landlord Responsibilities
  • Annual Rental Escalations for Both Tenants
  • WALT of 5.3 Years with Staggered Leases
  • Adjacent to President George Bush Turnpike Allowing For Easy Access
  • Located Approximately Two Miles From Medical City Plano A 603-Bed Acute Care Facility With More Than 1,800 Physicians Representing Over 70 Specialties And Subspecialties
  • Strong Demographics with 366,622 Residents Within 5 Miles and an Average Household Income Exceeding $151,573 Within One Mile

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale the Office Town at Village Creek, a high-quality medical office building located in Plano, Texas. The property is approximately 5,072 square feet and is located off President George Bush Turnpike. The multi-tenant building is situated on 0.43 acres of land and is located minutes away from Baylor Scott & White Medical Center and Medical City Plano. The Office Town at Village Creek building was built in 1998 and is located in a convenient and accessible location, being adjacent to President George Bush Turnpike, and two miles from Dallas North Tollway. The property is currently fully occupied by a dentists office and DLC Restaurant Services both with NNN lease structures in place offering minimal landlord responsibilities. The Office Town at Village Creek benefits from strong demographics, serving a five-mile population of approximately 366,622 residents with a one-mile average household income exceeding $151,573. The adjacent West Plano Parkway sees an annual average daily traffic count of 24,837 vehicles.

Exclusively Listed By

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