1821 Spg Crk Pkwy Plano, TX 75074-3202

Property Details for 1821 Spg Crk Pkwy

Year built

2004

Lot size

0.85 lot acres

Property size

3,095 SF

Zone code

R

Property type

Commercial real estate

APN

R-4788-001-0030-1

APU

R478800100301

Description

This fee-simple retail property in Plano, Texas, offers a prime redevelopment opportunity. The 3,095 square foot building, constructed in 2004, sits on a 0.85-acre lot with 43 parking spaces. Currently a former QSR (Quick Service Restaurant), the property presents significant potential for repurposing. Located on East Spring Creek Parkway, a high-traffic area averaging 50,300 vehicles per day, and with convenient access to US Highway 75 (averaging over 213,000 vehicles daily), the site boasts excellent visibility. The property benefits from a strong retail environment, with nearby national tenants including Sam's Club, Lowe's, Academy, Walmart Supercenter, and AT&T. The location's proximity to Clark High School (1,279 students) further enhances its appeal. The 5-mile trade area boasts a population exceeding 310,000 residents and 131,000 daytime employees, with an average household income of $149,273. The property's zoning (R: Retail) allows for flexibility in redevelopment plans. The asking price is $1,950,000. This is a net lease investment with a franchisee tenant who will vacate upon closing or potentially consider a short-term sale-leaseback. The property's APN is R-4788-001-0030-1.