10301 Custer Rd Plano, TX 75025-7521

Property Details for 10301 Custer Rd

Year built

2007

Lot size

1.47 lot acres

Property size

7,200 SF

Property type

Commercial real estate

APN

R-9423-00A-0010-1

APU

R942300A00101

Description

This exceptional Plano, TX retail investment presents a 7,200 square foot, single-tenant, absolute NNN leased storefront. The Dance Movement occupies the entire building under a 10-year lease (commencing November 1, 2024 and expiring December 31, 2034), offering 10.1 years of remaining lease term. The lease includes a corporate guarantee and features a 10% rent increase every five years, ensuring strong future returns. Located at 10301 Custer Rd, Plano, TX 75025, this property boasts a prime location near a planned mixed-use development anchored by an H-E-B, providing excellent visibility and access on a major thoroughfare with high daily vehicle traffic (Custer Rd: 38,673 VPD; Sam Rayburn Tollway: 90,861 VPD). The attractive brick building sits on a substantial 1.47-acre lot, offering ample parking for patrons. The strong demographics of the area, with over 345,167 residents within a 5-mile radius and an average household income of $154,592, further enhance the investment potential. Built in 2007, this property offers a 6.00% cap rate and a Net Operating Income (NOI) of $132,000, with an asking price of $2,200,000 ($305.56/sq ft). The lease includes two, five-year renewal options. This is a rare opportunity to acquire a stable, high-performing retail investment in a rapidly growing area.

Location Insight

City

Plano

County

Collin

State

Texas

Longitude

-96.7327

Latitude

33.1209

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments