3060 Communications Pkwy Plano, TX 75093
This exceptional investment opportunity presents a 1,721 square foot updated medical office condo located at 3060 Communications Parkway, Unit 204, Plano, TX. Situated on a 0.04-acre lot, this property boasts a strong 7.3% cap rate, secured by a 9-year lease with a highly reputable, AAA-rated tenant. The lease includes a favorable 4% annual escalation clause, providing significant long-term growth potential. The building is part of a highly desirable medical office complex in Plano, ensuring excellent visibility and accessibility. This cash-flowing asset represents an unparalleled investment opportunity in a prime location. The current tenant occupies the entire 1,721 square foot space, offering stability and predictable income. The 9-year lease term, coupled with the annual escalation, minimizes vacancy risk and maximizes return on investment. Given the strong tenant, favorable lease terms, and prime location, this property is expected to generate substantial passive income for years to come. Don't miss this chance to acquire a high-yield, low-risk investment in the thriving Plano medical market. This property is priced at $1,200,000.
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Walter Loyola, MD Physician
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Shalen Philip R MD Physician Medical Clinic
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.