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Property profile & analytics
OFF-MARKET
Office Spaces

5085 Park Blvd Plano, TX 75093

84,825 SF Built 2000
Property ID
Property summary
AI-generated overview

This single-story, 84,825-square-foot Class B medical office building in Plano, Texas, presents a compelling owner-user opportunity. Built in 2000, the property features eight units across one building, currently 57% occupied by five tenants with approximately five years remaining on their leases, offering immediate income potential. The net lease structure allows for potential rent bumps and mark-to-market renewals. The building boasts timeless architecture, dedicated HVAC, direct accessibility, and limited common space, resulting in lower operating costs compared to high-rise alternatives. Ample parking is provided at a ratio of 4.5 spaces per 1,000 square feet. Situated on W Park Blvd in Collin County, the property enjoys a prime location with convenient access to major thoroughfares like Preston Road, the Dallas North Tollway, and Legacy, offering walkability to nearby amenities. The building's design incorporates a common courtyard, providing access to green space. This presents an excellent investment opportunity in a rapidly growing area of Plano, a highly sought-after location within the DFW metroplex. Up to 36,000 square feet is available for an owner-occupant.

Property profile
Verified
Property type Office Spaces
Year built 2000
Total area 84,825 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
  • Gautam Bhimidi Reddy Physician
  • Expert Global Solutions, Inc. Corporate Office
  • Cortica Medical Clinic
  • Action Behavior Centers - ABA Therapy for Autism Pediatrician
  • Medfinity Health Plano Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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