6101 Windhaven Pkwy Plano, TX 75093-8197

Property Details for 6101 Windhaven Pkwy

Year built

2007

Lot size

9.24 lot acres

Property size

86,941 SF

Zone code

RC

Property type

Commercial real estate

APN

R-2581-001-0020-1

APU

R258100100201

Description

This exceptional 86,766 square foot shopping center, built in 2008, presents a compelling investment opportunity. Located in Plano, Texas, on a prominent 9.24-acre lot at the hard corner of a signalized intersection, this multi-tenant property boasts 20 tenants and enjoys 100% occupancy. The center benefits from a highly desirable location directly off the Dallas North Tollway, experiencing over 90,000 vehicles per day, providing unmatched visibility and accessibility. Current average rent is $25.81 per square foot, significantly below market average of $32.70 per square foot within a one-mile radius, offering substantial upside potential. The property's strong performance is further supported by its location within an affluent submarket, with an average household income exceeding $171,015 within a one-mile radius and a densely populated residential area with over 654,360 residents within a seven-mile radius. The triple-net (NNN) lease structure minimizes landlord responsibilities, ensuring ease of management. This stabilized asset is situated in Collin County, the #2 ranked county in Texas for population growth in 2023, adding 36,364 residents. The property's oversized lot provides excellent ingress and egress with five points of access. Texas's favorable tax environment, with no state income tax, adds to the investment's attractiveness. This is a truly exceptional opportunity to acquire a trophy asset in a high-growth market.

Location Insight

City

Plano

County

Collin

State

Texas

Longitude

-96.8317

Latitude

33.056

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments