2800 Regal Rd Plano, TX 75075-6314

This meticulously maintained, single-story office building at 2800 Regal Rd, Plano, TX 75075, offers a compelling value-add investment opportunity. The 6,505 square foot building, situated on a 0.46-acre lot in the desirable Royal Center office park, boasts a current NOI of $58,982 and a pro-forma NOI of $69,000, translating to a 2.97% cap rate and a pro-forma cap rate of 3.48%. The property features six tenants under a gross lease structure, with 5,752 square feet of net rentable space. Recent renovations (2021-2022) include a full common-area remodel and modernization, new HVAC systems, high-end restrooms with touchless fixtures, electronic access control, high-definition CCTV, and 100% LED lighting. The building, constructed in 1981, includes 23 parking spaces and is zoned O-1 (Commercial). The asking price is $1,984,000, representing a price per square foot of $305 and a price per unit of $1,984,000. This turnkey asset presents immediate income with significant upside potential through rent increases or lease renewals. The property's high occupancy rate and prime location in central Plano make it an exceptional investment opportunity.