4420 Tradition Trl Plano, TX 75093

This property is an auto repair shop located in Plano, Texas. The property is under a brand-new 10-year NNN lease, executed in June 2023, with 7.5 years remaining on the initial term and two 5-year option extension periods. The lease is guaranteed by Quality Collision Group, a national operator with 92 locations across 12 states, backed by Susquehanna Private Capital. The location has an established local presence as Stuart’s Paint & Body, operating in the Dallas–Fort Worth metro area since 1983, and is expanding across the metroplex under Stuart’s name. The property's use as a collision repair center certified for premium OEM brands requires significant investment in equipment, training, and OEM compliance, creating a barrier to entry and enhancing tenant retention. The location's certifications with high-end vehicle brands such as Maserati, Porsche, Land Rover, and BMW create exposure to higher fault repair cost events. The property is positioned in a high-income trade area of the North Dallas corridor, surrounded by affluent demographics and a strong concentration of luxury auto dealerships, with an average household income of over $117,000 in a 1-mile radius. The median household income in the city's zip code is $121,226, placing it within the top 70% of US households. Plano, TX is at the epicenter of growth in North Dallas Fort Worth and home for several corporate headquarter offices including Bank of America, PepsiCo, FedEx, Intuit, Capital One, Ericsson & Many Others. The property size is 24,830 square feet.