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Freestanding Retail Building For Sale
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701 W Parker Rd, Plano, TX 75023

Freestanding single-story retail building with established tenant and NNN lease.

Property Size2,497 SF
Price / SF$480.58
Days on Market1129

Property Features for 701 W Parker Rd

General Information

Standard status Active
Size 2,497 SF
Property subtype Retail
Zoning CC

Building Details

Year Built 1974
Listing Agency: Vestal Real Estate
Listed By: Todd Vestal · License #TX 469318
Source: Crexi
Added: Jul 21, 2023 Changed: Aug 22 Last Checked: Aug 22 at 8:56AM

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 Vestal Real Estate

Investment Insights

Based on property information with market context.

This is a single-story freestanding retail building with an established tenant and an absolute NNN lease, presenting a potential investment opportunity. The property is situated on a heavily trafficked street, located just west of Highway US75. Nearby businesses include Target, Comerica, Jack in the Box, Burlington, Taco Bell, and various other national and local retailers. The building has a size of 2497 square feet.

Key Highlights

  • Absolute NNN Lease offering a hands‑off investment
  • Established Tenant provides a reliable income stream
  • Freestanding Building offers greater control and flexibility

Property Analytics

Current Use

Señor Locos Tex-Mex Restaurant Woodside Village Shopping Center & Mall Noah Corporate Office

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Florist Parking Lot & Garage Tanning Salon Restaurant

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

920
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding single-story retail building with established tenant and NNN lease.
Where is this nnn property located?
The property is located at 701 W Parker Rd Plano, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Absolute NNN Lease offering a hands‑off investment; Established Tenant provides a reliable income stream; Freestanding Building offers greater control and flexibility
More about this property
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