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Hard-Corner Retail Shopping Center
For Sale
Contact for pricing
Pending

1151 W Parker Rd, Plano, TX 75023

Parker Plaza is a 13,436-square-foot retail shopping center on the hard corner of Parker Rd. and Alma Dr.

Property Size13,436 SF
Days on Market114

Property Features for 1151 W Parker Rd

General Information

Standard status Pending
Size 13,436 SF
Property subtype Retail
Occupancy 75%
Listing Agency: Secure Net Lease
Listed By: Sam House · License #TX 696383
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 2 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease

Investment Insights

Based on property information with market context.

Parker Plaza is a 13,436-square-foot retail shopping center offered for sale in central Plano, Texas. The property is 75% occupied and features local credit leases, with rents reported as significantly under market. The center is configured to serve neighborhood retail needs with existing retail storefront space throughout.

The shopping center is positioned on a hard corner at Parker Rd. and Alma Dr., providing visibility and convenient access for residents in the surrounding area. Its highly visible signage and traffic-serving location are designed to support steady customer flow.

As presented, Parker Plaza offers an income-producing retail asset with in-place occupancy and established lease relationships, anchored by local credit tenants.

Key Highlights

  • 13,436 SF retail shopping center in central Plano, TX
  • Located on the hard corner of Parker Rd. and Alma Dr.
  • 75% occupied retail shopping center

Property Analytics

Current Use

TXRE Properties Property Management Company SOS WaterHeating Plano ... General Contractor Dallas Metroplex Medical ... Medical Clinic Texas Vape Company (Bike/Boat/Book/etc) Store Flowerama of Plano (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

75%
Occupancy

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75023, TX

46,777
Population
19,621
Households
2.4
Avg Household Size
40
Median Age
55%
College-Educated
94%
High-School Grad
9.2 sq mi
ZIP Area
5,084
Density / Sq Mi
$106,488
Median Household Income
$58,070
Median Earnings
$1,897
Median Rent
$385,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Parker Plaza East — 1801 W Parker Rd, Plano, TX 75023
  • Parkview Plaza — 1100 W Parker Rd, Plano, TX 75075
  • Towne square — 930 W Parker Rd, Plano, TX 75075
  • Woodside Village — 701 W Parker Rd, Plano, TX 75023

Frequently Asked Questions

What type of property is this?
Shopping center - Parker Plaza is a 13,436-square-foot retail shopping center on the hard corner of Parker Rd. and Alma Dr.
Where is this shopping center located?
The property is located at 1151 W Parker Rd Plano, TX.
What are key features of this property?
This property features: 13,436 SF retail shopping center in central Plano, TX; Located on the hard corner of Parker Rd. and Alma Dr.; 75% occupied retail shopping center
(214) 522-7200 Call to check price and availability
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