909 Spring Creek Parkway Plano, TX 75023
COMMERCIAL - Plano, TX
- Added:
- Apr 6, 2026
- Days on Market:
- 100
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 909 Spring Creek Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 1,425 SF
- Lot size
- 0.03 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Concrete
- Roof type
- Composition
Listing agent Hermel Videna License #0726763 (972) 792-0004
Listing office Herald Realty, LLC Richardson, TX (972) 955-4551
Listing date Apr 6, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 909 Spring Creek Parkway in Plano, Texas, the business benefits from strong local interest in diverse cuisines. The restaurant opened in 2017 and has built a following since then, positioned within a larger Dallas–Fort Worth-area customer base.
This is an appealing acquisition for entrepreneurs and business-minded operators looking for a turnkey restaurant concept with a proven run since 2017 and a functional, guest-friendly cafeteria format. With an updated kitchen environment and a practical dining flow, it supports both experienced restaurateurs and new owners seeking a focused food and hospitality operation.
Key Highlights
- Filipino restaurant established in 2017 with a well‑established customer following
- Cafeteria‑style setup designed for patrons to sample various specialties in one sitting
- Kitchen includes updated equipment and ample workspace for efficient operations
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.9k | $9.72 |
| − Vacancy | −$651 | −$0.46 |
| EGI | $13.2k | $9.26 |
| − OpEx | −$3.3k | −$2.32 |
| NOI | $9.9k | $6.95 |
