1001 Preston Rd Plano, TX 75093

This exceptional investment opportunity presents a 62,519-square-foot auto shop situated on a 5.75-acre lot in Plano, Texas. Located at the hard corner of Preston Road and President George Bush Turnpike, this property boasts unparalleled visibility and accessibility within the thriving DFW Metroplex. The property, recently renovated in 2021 and 2023, comprises six buildings and benefits from a high daily traffic count exceeding 272,336 vehicles. Its strategic location within a densely populated area, with over 119,517 residents within a 3-mile radius and 361,098 within 5 miles, ensures strong demand and high occupancy rates. Average household incomes within these radii are exceptionally high, at $132,177 and $119,158 respectively. The property offers a Net Operating Income (NOI) of $696,000, resulting in an attractive 5.16% capitalization rate. This NNN-leased property is offered at $13,500,000, presenting a rare infill opportunity in a prime location with significant growth potential. The property's size, location, and recent renovations make it an ideal investment for discerning buyers seeking a high-return asset in a dynamic market. The property's strong financial performance and prime location make it a compelling investment opportunity.