5028 W Park Blvd Plano, TX
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Long-term NNN lease in high-traffic Plano retail corridor.
Type:RETAIL
Property size:
11,376 SFLot size:
1.92 AcresPrice / SF:
$717/SF- Added:
- Sep 27, 2024
- Days on Market:
- 579
- Last Refresh:
- Apr 5 at 9:15 pm
Property Features for 5028 W Park Blvd
General Information
- Standard status
- Active
- Size
- 11,376 SF
- Lot size
- 1.92 Acres
- Property subtype
- RETAIL
Listing agent Michael Crovetti (469) 844-8036
Listing office STRIVE (469) 844-8036
Listing date Sep 27, 2024
Source Moodyscre
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 STRIVE
Overview
Plano Retail NNN Lease Opportunity
This property features a long-term NNN lease with zero landlord responsibility. The lease includes 10% rent escalations every five years in the primary term and in options. A strong corporate guarantee is in place, supported by a strong, experienced operator with a proven track record in the prestigious Willow Bend area of Plano, Texas. The property is a pad site to a Market Street grocery store on the main corner of Plano. The location is excellent, situated in a dense retail corridor within a high-demographic area with access to Preston Road. The surrounding national retailers include Starbucks, Whole Foods, Trader Joe’s, Chipotle, Marshalls, Ulta, and Studio Movie Grill, among others. Traffic counts along W Park Blvd and Preston Rd exceed 26,000 and 49,000 vehicles per day, respectively. The population within a three-mile radius has grown 52% in the past few years, and the household income within a one-mile radius is 1.5 times the national average. The property size is 11376 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conoco
Car Wash
Car Spa Car ...
Car Wash
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.7987
- Latitude
- 33.027
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Long-term NNN lease in high-traffic Plano retail corridor.
Where is this retail space located?
The property is located at 5028 W Park Blvd Plano, TX.
What is the asking price?
The asking price for this property is $8,160,000.
What are key features of this property?
This property features: Long‑Term NNN Lease – Zero Landlord Responsibility; Strong Corporate Guarantee; Excellent Location in a Dense Retail Corridor with Access to Preston Road
