3420 Parker Rd Plano, TX 75075
H Mart Town Center, a vibrant 211,718 square foot shopping center, presents a unique investment opportunity in Plano, Texas. Strategically located at the northeast corner of Parker Road and K Avenue/Highway 5, this property boasts exceptional visibility at a signalized intersection. The center is anchored by the popular H Mart Asian grocery store, ensuring high foot traffic and a strong tenant base. This multi-tenant property offers a range of retail and office spaces, with seven spaces currently available, ranging from 1,625 square feet to 12,160 square feet. Additionally, a 0.25-acre pad site and a 12,000 square foot warehouse space are also available. The property features excellent accessibility with eight points of ingress and egress, making it convenient for both customers and employees. The minimum divisible space is 1,625 square feet, while the maximum contiguous space available is 12,000 square feet. A total of 36,379 square feet is currently vacant. This prime location is situated within an Opportunity Zone, offering potential tax advantages. Lease rates and terms are available upon request, with a base NNN rate of $5.02 per square foot. Contact us today to learn more about this exceptional retail and office opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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