This property is Off-Market

1600 E Plano Parkway
Plano, TX 75074 ·

541,000 SF · Industrial For Sale

N/A

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Garden Ridge Headquarters and Distribution Center

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 541,000 SF Tenancy Single
Property Type Industrial Clear Ceiling Height 30 ft.
Property Sub-type Distribution Warehouse Lot Size 26.60 AC
Listing ID: 18265037 Date Created: 07/16/2013 Last Updated: 08/28/2013

Description

HFF, on behalf of Garden Ridge ( Tenant ), is pleased to exclusively present an outstanding opportunity for the sale-leaseback of a 541,000 square foot building (the Property ) occupied by Garden Ridge Corporation (the Tenant or Garden Ridge ), as well as the potential development of an adjacent 442,000 square foot distribution center
( Expansion Option ). The Property is located in Plano, TX and will soon serve as the headquarters for the home d├ęcor retail chain Garden Ridge. Garden Ridge Corporation and its subsidiaries (the Company ), are wholly owned by Garden Holdings, Inc. Founded in Garden Ridge, Texas, outside of San Antonio in 1979, the Company was acquired by AEA Investors ( Sponsor ) in October 2011.

The Property serves as Garden Ridge' s headquarters and only distribution center for the company. The office space is currently being remodeled and will serve as its Corporate Headquarters. The mezzanine level will serve as additional office space as well as a staging area for buyers to showcase products. The Property currently distributes goods to all Garden Ridge retail locations in the United States.

Highlights

  • Sale Leaseback

Research

1600 E Plano Parkway, Plano, TX 75074 (Collin County)

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