Shopping Strip
Plano Parker Retail Plaza
1151 W Plano Pkwy, Plano, TX 75075
Listing Price: $3,000,000
Investment Overview
Plano Parker Retail Plaza is a well-maintained retail building situated in one of Dallas’ convenient locations, just west of I-75, approximately 30 minutes from downtown Dallas. Built in 1979, this 13,436-square-foot, Class B asset consists of a single-story retail center with surface parking.
Plano Parker Retail Plaza is a rare opportunity for an investor to acquire a solid, well-maintained retail asset with a strong demographic. The subject property has a five-mile estimated population of over 332,841 and an average one-mile income of over $119,121.
Investment Highlights
- 100 Percent Occupied 13,436-Square-Foot, Class B, Retail Building
- Offered Substantially Below Replacement Cost
- All Tenants are on NNN Leases Offering Minimal Landlord Responsibilities
- Staggered Leases in Place Offering a 3.9-Year WALT as of July 2024
- Adjacent to Starbucks
- Outstanding North Dallas Location with Easy Access to I-75 via West Parker Road
- High-Income Area with a One-Mile Average Income Exceeding $119,121 and Densely Populated with 332,841 Residents Within Five-Miles
- Population Growth of 19.3% Since 2010
Exclusively Listed By
Financing By
Listing Price: $3,000,000
Investment Highlights
- 100 Percent Occupied 13,436-Square-Foot, Class B, Retail Building
- Offered Substantially Below Replacement Cost
- All Tenants are on NNN Leases Offering Minimal Landlord Responsibilities
- Staggered Leases in Place Offering a 3.9-Year WALT as of July 2024
- Adjacent to Starbucks
- Outstanding North Dallas Location with Easy Access to I-75 via West Parker Road
- High-Income Area with a One-Mile Average Income Exceeding $119,121 and Densely Populated with 332,841 Residents Within Five-Miles
- Population Growth of 19.3% Since 2010
Investment Overview
Plano Parker Retail Plaza is a well-maintained retail building situated in one of Dallas’ convenient locations, just west of I-75, approximately 30 minutes from downtown Dallas. Built in 1979, this 13,436-square-foot, Class B asset consists of a single-story retail center with surface parking. Plano Parker Retail Plaza is a rare opportunity for an investor to acquire a solid, well-maintained retail asset with a strong demographic. The subject property has a five-mile estimated population of over 332,841 and an average one-mile income of over $119,121.
Exclusively Listed By
Financing By
![MM Texture Background](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-news-research-hero-background.jpg?h=1030&iar=0&w=2880&rev=1569e23dd24a4ecea0b588f7ee537310&hash=B6D3CA35A0504F883C2C5068EE8436C0)
![MM Textured Background Lower](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-property-footer-background%20jpg.jpg?h=1030&iar=0&w=2880&rev=f3ed593e923445f38df9f1c32d8d190f&hash=323A48081850EDAAE5E1F61061CADFD9)