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    5809 Preston Rd Plano, TX 75093

    For Lease
    Contact for pricing

    Class A retail space, prime Plano location.

    Lot size:
    162,649 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Lakeside Market, located at 5809 Preston Rd, Plano, TX 75093, presents a unique opportunity for businesses seeking a high-profile presence in a thriving Texas market. This Class A, 162,649 square foot shopping center offers multiple tenancy options, with spaces ranging from a minimum of 1,996 square feet to a maximum contiguous space of 4,594 square feet. Currently, 16,346 square feet of retail space is available. The center is strategically positioned to benefit from its proximity to a future H-E-B grocery store, slated to open in Fall 2022, providing significant foot traffic and enhanced visibility. Lakeside Market boasts a diverse tenant mix, including acclaimed restaurants and service-based businesses that are resilient to online competition. Its location in Plano, Texas, places it within easy reach of a high-income residential population and a concentration of major employers such as Capital One, Toyota, Ericsson, Liberty Mutual, JP Morgan Chase, and JC Penney, ensuring a robust customer base. This lifestyle center offers an exceptional opportunity to establish or expand a business in a dynamic and affluent area. The available spaces are ideal for a variety of retail concepts, providing flexibility and adaptability for potential tenants. Don't miss this chance to secure a prime location in one of Texas's most desirable commercial markets.

    Property Features for 5809 Preston Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    162,649 SF
    Class
    A

    Unit(s) available at that property

    Space
    B536-B538
    Size
    4,594 SF
    Space
    B540
    Size
    2,947 SF
    Space
    Suite F608
    Size
    876 SF

    HighLights

    • Prime location on Dallas' main growth corridor, with convenient Dallas North Tollway access.
    • Proximity to numerous Fortune 500 companies and major regional employers.
    • Surrounded by a young, educated, and skilled workforce.
    • Minutes from Legacy Business Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jason Ruiz - State ... Insurance Agency Kelley Athletic Co. ... Sportswear Store GNC Vitamin & Supplements Store everbowl Açaí Shop Paper Affair Dallas Gift Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.7953217
    Latitude
    33.0534204

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    FAQs

    What type of property is this?
    Lifestyle center - Class A retail space, prime Plano location.
    Where is this lifestyle center located?
    The property is located at 5809 Preston Rd Plano, TX.
    What are key features of this property?
    This property features: Prime location on Dallas' main growth corridor, with convenient Dallas North Tollway access.; Proximity to numerous Fortune 500 companies and major regional employers.; Surrounded by a young, educated, and skilled workforce.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5809 Preston Rd Plano, TX 75093
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