6280 Tennyson Pkwy Plano, TX 75024
This exceptional single-story, 6,600 square foot shopping center in Plano, Texas, presents a compelling net lease investment opportunity. Anchored by a Panera Bread, this 2019-built property boasts a strong tenant profile and sits on a 1.13-acre lot at 6280 Tennyson Pkwy, 75024. The property benefits from a prime location within the prestigious Legacy Business Park, surrounded by over 33 million square feet of corporate and regional headquarters, ensuring high visibility and consistent traffic. Convenient access is provided via the Tennyson Parkway exit off the Dallas North Tollway, further enhancing its appeal. Currently generating a NOI of $202,807, representing a 5.71% cap rate, the property's pro-forma NOI is projected at $283,917, yielding a 7.27% cap rate. This represents a significant upside potential for investors. The asking price is $3,900,000, translating to a price per square foot of $590.91. The property's strategic location, strong tenant, and impressive projected returns make it an ideal addition to any diversified investment portfolio. This multi-tenant building offers a secure and profitable investment opportunity in a thriving Texas market. The property's single-story design and convenient access points contribute to its operational efficiency and attractiveness to both tenants and investors. The signalized intersection provides excellent visibility and accessibility for customers.
-
Panera Bread Cafe & Coffee Shop
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.