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Miscellaneous

The Dance Movement

10301 Custer Rd, Plano, TX 75025

Listing Price: $2,200,000

Cap Rate
6.00%
Tenant Name
The Dance Movement
Years Remaining On Lease
10.1
Gross SF
7,200
Guarantor
Corporate Guarantee
Rentable SF
7,200
Price/Gross SF
$305.56
Lease Type
Absolute Net
Rent Per Square Feet
$18.33

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease The Dance Movement in Plano, TX. The property consists of a 7,200-square-foot, freestanding building that sits on approximately 1.47 acres of land. There are 10.1 years remaining on the lease with 10% rental increases every 5 years.

Investment Highlights

  • 10-Year Absolute Net Sale-Leaseback with 10 Percent Rental Escalations Every Five Years
  • Prime Location Near a Planned Mixed Use Development Anchored by an H-E-B
  • Excellent Access and Visibility on North Custer Road (38,673 VPD) Near Sam Rayburn Tollway (90,861 VPD)
  • More Than 345,167 Residents and an Average Household Income of $154,592 (5-Mile Radius)
  • Attractive Brick Construction on a Large 1.47 Acre Parcel with Ample Parking

Exclusively Listed By

Miscellaneous

The Dance Movement

Listing Price: $2,200,000

Cap Rate
6.00%
Tenant Name
The Dance Movement
Years Remaining On Lease
10.1
Gross SF
7,200
Guarantor
Corporate Guarantee
Rentable SF
7,200
Price/Gross SF
$305.56
Lease Type
Absolute Net
Rent Per Square Feet
$18.33

Investment Highlights

  • 10-Year Absolute Net Sale-Leaseback with 10 Percent Rental Escalations Every Five Years
  • Prime Location Near a Planned Mixed Use Development Anchored by an H-E-B
  • Excellent Access and Visibility on North Custer Road (38,673 VPD) Near Sam Rayburn Tollway (90,861 VPD)
  • More Than 345,167 Residents and an Average Household Income of $154,592 (5-Mile Radius)
  • Attractive Brick Construction on a Large 1.47 Acre Parcel with Ample Parking

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease The Dance Movement in Plano, TX. The property consists of a 7,200-square-foot, freestanding building that sits on approximately 1.47 acres of land. There are 10.1 years remaining on the lease with 10% rental increases every 5 years.

Exclusively Listed By

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