Restaurant Space For
909 Spring Creek Parkway #450 Plano, TX 75023
909 Spring Creek Parkway #450, Plano, TX, 75023
$110,000
For Sale
$110,000
Restaurant space available in Plano, Texas.
Property Size1,425 SF
Price / SF$77.19
Days on Market120
Property Features for 909 Spring Creek Parkway #450
General Information
- Standard status
- Active
- Size
- 1,425 SF
Building Details
- Year Built
- 2017
Listing Agency
Avignon Realty
(469) 358-5166
Listed by
Hermel Videna · License #0726763
(469) 358-5166
Source
Evrealestate
Added: Mar 24 Updated: Jul 10 at 12:12 pm Checked: Jul 20 at 2:55 am
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 Avignon Realty
Investment Insights
Based on property information with market context.
Located at the northwest corner of Spring Creek and Alma Road, this restaurant space is available for purchase. The property is situated at 909 Spring Creek Parkway #450, Plano, TX 75023, in Collin County. The building contains approximately 1425 square feet. From Highway 75, take the Spring Creek Parkway exit and head west; the restaurant is located on the right-hand side.
Key Highlights
- Located at the northwest corner of Spring Creek and Alma Rd.
- Built in 2017.
- Central air cooling.
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 |
1,425 SF · lease $9.72/SF/yr · vacancy 4.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$141.4K
$123.8K – $165.0K
NOI $9,900 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$328.2K
$287.2K – $382.9K
NOI $22,974 @ 7.0% cap · market cap 20.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Care Clinic
Medical Clinic
Alcoholics Anonymous
Social Service Agency
Legacy Group
Social Service Agency
Bollywood Salon & Spa ...
Spa & Massage Center
Road To Success Driving ...
Training Center
Similar For Sale Nearby
Similar Off Market Nearby
- RubaLee's Southern Kitchen — 6900 Alma Dr, Plano, TX 75023
- Banjara Grill — 909 W Spring Creek Pkwy Ste 230, Plano, TX 75023
FAQs
What type of property is this?
Restaurant - Restaurant space available in Plano, Texas.
Where is this restaurant located?
The property is located at 909 Spring Creek Parkway #450 Plano, TX.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Located at the northwest corner of Spring Creek and Alma Rd.; Built in 2017.; Central air cooling.
