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Property profile & analytics
OFF-MARKET
Lifestyle centers

5809 Preston Rd Plano, TX 75093

162,649 SF
Property ID
Property summary
AI-generated overview

Lakeside Market, located at 5809 Preston Rd, Plano, TX 75093, presents a unique opportunity for businesses seeking a high-profile presence in a thriving Texas market. This Class A, 162,649 square foot shopping center offers multiple tenancy options, with spaces ranging from a minimum of 1,996 square feet to a maximum contiguous space of 4,594 square feet. Currently, 16,346 square feet of retail space is available. The center is strategically positioned to benefit from its proximity to a future H-E-B grocery store, slated to open in Fall 2022, providing significant foot traffic and enhanced visibility. Lakeside Market boasts a diverse tenant mix, including acclaimed restaurants and service-based businesses that are resilient to online competition. Its location in Plano, Texas, places it within easy reach of a high-income residential population and a concentration of major employers such as Capital One, Toyota, Ericsson, Liberty Mutual, JP Morgan Chase, and JC Penney, ensuring a robust customer base. This lifestyle center offers an exceptional opportunity to establish or expand a business in a dynamic and affluent area. The available spaces are ideal for a variety of retail concepts, providing flexibility and adaptability for potential tenants. Don't miss this chance to secure a prime location in one of Texas's most desirable commercial markets.

Property profile
Verified
Property type Lifestyle centers
Total area 162,649 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jason Ruiz - State Farm Insurance Agent Insurance Agency
  • Kelley Athletic Co. - Plano (Bike/Boat/Book/etc) Store
  • GNC (Bike/Boat/Book/etc) Store Pharmacy
  • everbowl (Bike/Boat/Book/etc) Store Take-out & Catering
  • Paper Affair Dallas (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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