Listing Agency: Marcus & Millichap - Phoenix m***@marcusmillichap.com Show Phone

Listed By: Mark Ruble · License #AZ SA550593000

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:39PM

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Investment Insights

Based on property information with market context.

This retail space is associated with Chipotle and is offered through a ground lease structure. The property contains 2,200 SF and carries a 5.00% capitalization rate.

The asset is located at 500 E. Spring Creek Pkwy in Plano, Texas 75074.

Key Highlights

• Chipotle‑branded retail space
• Ground lease structure
• 2,200 SF of retail space

Property Analytics

Property Profile

Current Use

Chipotle Mexican Grill Restaurant Dr. Karen Thomas Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Electrical Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

562

Businesses Nearby

Explore this area Business Placement

Demographics for 75074, TX

53,003

Population

19,362

Households

2.7

Avg Household Size

35

Median Age

42%

College-Educated

85%

High-School Grad

16.0 sq mi

ZIP Area

3,313

Density / Sq Mi

$84,185

Median Household Income

$42,523

Median Earnings

$1,678

Median Rent

$347,300

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail asset offered with a ground lease structure.

Where is this retail space located?

The property is located at 500 E Spring Creek Pkwy Plano, TX.

What are key features of this property?

This property features: Chipotle‑branded retail space; Ground lease structure; 2,200 SF of retail space