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- LoopNet Team
1001 Preston Rd
Plano, TX 75093
Property For Lease
HIGHLIGHTS
- Texas Is an Income Tax Free State!
- New Power, New Roof, & Extensive Renovation - September 2021
- Over $9MM in renovations since 2016
- Strategic Location at the NWC of President George Bush Turnpike and Preston Road in Plano, TX, Two of the Main Thoroughfares in the Market
- 12 Grade Level Doors, Fully Sprinklered with 15 Fully Operation Lifts and 3 Wash Bays
- Dense Market with Over 119,517 Residents and 83,624 Employees Within a Three-Mile Radius and Average Household Incomes Of $132,177
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1990/2021 |
| Property Subtype | Auto Dealership | Parking Ratio | 4.81/1,000 SF |
| Gross Leasable Area | 62,519 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 62,519 SF |
| Year Built/Renovated | 1990/2021 |
| Parking Ratio | 4.81/1,000 SF |
ABOUT THE PROPERTY
DB2RE INVESTMENT SALES is proud to present the opportunity to lease or acquire 1001 Preston Road (the “Property”) located in Plano, Texas. The state-of-the-art remodel from CarLotz in 2021 consists of a six buildings totaling 62,519 square feet and situated on 5.75 acres of land. The Offering is an extremely rare infill covered land play. Ownership to entertain all lease and/or purchase offers from both Tenants, users and/or investors. CarLotz is dark, but paying all obligations per lease, providing new ownership ample flexibility in maximizing value. Strategically positioned at the hard northwest corner of Preston Road and President George Bush Turnpike in Plano, the two primary arteries in the market, the Property is located within the heart of the DFW Metroplex has excellent visibility and access to over 272,336 vehicles daily. Surrounding the property are tremendous densities with 119,517 and 361,098 residents and 83,624 and 285,380 employees across 5,573 and 14,913 businesses within a 3 and 5 mile radius. Furthermore, average household incomes are a staggering $132,177 and $119,158 within the same 3 and 5 mile radii, perfect for a new tenant. New tenant or Ownership will enjoy either leasing or purchasing a once-in-a-generation asset in the core of the DFW Metroplex.
- Dedicated Turn Lane
- Air Conditioning
