Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    609 15Th St Plano, TX 75075

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic retail space, 1,034 sq ft available.

    Lot size:
    19,293 SF

    Property Features for 609 15Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,293 SF
    Class
    B

    Building Details

    Stories
    2

    Spaces For Lease

    at 609 15Th St, Plano, TX 75075 Contact us

    We can help!

    Listing Contact
    Leigh Richter
    Leigh Richter

    Listing Agency: Bradford Commercial Listing Agent: Leigh Richter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Creekwalk Village, located at 609 W 15th St in Plano, Texas (zip code 75075), offers a unique retail opportunity. This Class B, two-story free-standing building totals 19,293 square feet and sits on a 2.01-acre lot in Collin County. Currently, 1,034 square feet of retail space is available for lease within the single suite building. The property boasts a prime location within a well-established, high-traffic shopping center, providing excellent visibility and accessibility for businesses. Adding to its appeal, Creekwalk Village is situated directly on the Chisholm Walking Trail, offering picturesque creek views. This desirable location makes it ideal for a variety of retail or general office uses. Ample parking is available with 2.38 spaces per unit. The property's strategic placement and attractive features make it an exceptional investment opportunity for businesses seeking a vibrant and accessible location in Plano, Texas. The available space presents a chance to establish a presence in a thriving commercial area with high pedestrian traffic and excellent visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dental Distinction Dental Office Blessing Relax Spa Spa & Massage Center Aperture NextGen Laboratory ... Laboratory Dr. Mohammed Mansour Medical Clinic Mohammed Jamal Mansour Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.7129364
    Latitude
    33.0206466

    Nearby Similar for Lease

    • $3,000 /Mo
      4,111 SF

      Refined Office Suite in Plano

      Turnkey office space with flexible layout in West Plano.
      4116 W Spring Creek Pkwy, Plano, TX 75024
      View Details
    • $2,000 /Mo
      9,148 SF

      Plano Office/Warehouse Space Available

      Office space with warehouse potential in historic downtown Plano.
      1004 18Th Pl, Plano, TX 75074
      View Details
    • $3,995 /Mo
      123,144 SF

      Plano Office Space For Rent

      Office space in high-traffic Plano location, ideal for small businesses.
      6305 Preston Rd, Plano, TX 75024
      View Details
    • $2,100 /Mo
      3,006 SF

      Updated Medical Office in Plano

      Recently updated medical-office space in a desirable West Plano location.
      5926 W Parker Rd, Plano, TX 75093
      View Details
    • $4,500 /Mo
      73,486 SF

      Modern Office Space in Plano

      Newly constructed office suites available for lease in Plano.
      6517 Chase Oaks Blvd, Plano, TX 75023
      View Details
    • $21,000

      Office Space in Plano, TX

      Office space suitable for office or showroom use in Plano.
      6652 Pinecrest Dr, Plano, TX 75024
      View Details
    • $4,725 /Mo
      786,432 SF

      Plano Office Space For Lease

      1667 SF office space available in Plano, TX.
      5052 Tennyson Pkwy, Plano, TX 75024
      View Details
    • $3,500 /Mo
      42,950 SF

      Plano Office Space Available

      Office space in Plano, suitable for various business needs.
      5204 N Village Creek Dr, Plano, TX 75093
      View Details
    • $550 /Mo
      8,189 SF

      Plano Executive Suites Office Space

      Executive suites in Plano, near city hall and historic downtown.
      1809 K Ave, Plano, TX 75074
      View Details
    • $3,740 /Mo
      83,461 SF

      Inviting Office Space in Plano

      Warm, modern office space in the bustling Preston Park district.
      2301 Ohio Dr, Plano, TX 75093
      View Details
    • $19 SF/Yr
      45,128 SF

      Move-in Ready Plano Office Suite

      Versatile 2,618 SF office suite in desirable Plano corridor.
      4700 Dexter Dr, Plano, TX 75093
      View Details
    • New
      Contact for pricing

      Plano on Park

      Workspaces, services and support to help you work better in Plano on Park
      101 Park Blvd, Plano, TX 75074
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, 1,034 sq ft available.
    Where is this individual retail property located?
    The property is located at 609 15Th St Plano, TX.
    What are key features of this property?
    This property features: 19,293 square feet total building area.; Suitable for general office or retail use.; Building signage opportunities available.
    (972) 776-7000 Call to check price and availability
    Request Owner's contact information
    609 15Th St Plano, TX 75075
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    609 15Th St
    Plano, TX 75075
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    609 15Th St Plano, TX 75075
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Leigh Richter
    Leigh Richter
    Real Estate License ID: 0317884
    (972) 776-7000 (214) 212-0822 (972) 776-7032
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!