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Property profile & analytics
OFF-MARKET
Lifestyle centers

3420 Parker Rd Plano, TX 75075

211,718 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 211,718 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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