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Browse More Listings in Retail For Sale, Plano, TX or Texas

Retail Property For Sale

Land & Improvements leased to GOLFSMITH

900 North Central Expressway, Plano, TX 75074

Price:
$3,560,000
Building Size:
25,018 SF
Price/SF:
$142.30
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Anchor
Golf Related
Property Use Type:
Investment
Cap Rate:
10.75%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.95 AC
Find Out More...

Last Verified 10/20/2009 Listing ID 16291981

Description

1.95 Acres of Land and 25,018 Square Feet of Improvements leased to GOLFSMITH. NYSE:GOLF Property was built in 1998; Golfsmith is the original tenant at the Property. Lease commenced in 1998 and expires in 2018. Tenant has two additional renewal options of 5 years each with rent increases. All expenses are paid by Tenant including real estate taxes, assessments, utilities, insurance, CAM, structural and non-structural repairs.

Located on the east (northbound) side of U.S. 75/North Central Expressway just north of Plano Parkway and directly across from Collin Creek Mall (Macy's, Dillard's, Sears, JCPenney). US 75 is one of Dallas' most heavily traveled north/south freeways. Over 250,000 cars pass the site every day. The Property is also located north of US 190/President George Bush Turnpike as well as the DART Light Rail Line's Bush Turnpike Station.

Financial Summary

Actual
Net Operating Income
$382,775

Map of 900 North Central Expressway, Plano, TX 75074 (Collin County)

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Contact Listing Broker

Sean Byrne (214) 343-6996

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Created 6/24/2009

Additional Information for 900 N Central Expressway, Plano, TX 75074

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Land & Improvements leased to GOLFSMITH

900 North Central Expressway, Plano, TX, 75074