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125 N Plano Rd
Richardson, TX 75081
Retail Property For Sale
Investment Highlights
- Investors enjoy the security of an Absolute Triple Net (NNN) lease structure, with zero landlord responsibilities or expenses, ensuring consistent and
- This property benefits from an exceptionally dense and affluent demographic within a 5-mile radius, with over ±368,431 residents
- The investment benefits from outstanding retail synergy, being surrounded by national tenants such as Lowe’s, LA Fitness, Aldi, Target, Ross, Petco,
- The lease boasts over 10 years remaining on its base term, offering investors a stable and predictable income stream well into the future.
- Applebee’s consistently ranks among the top casual dining restaurant chains worldwide, boasting over 1,550 locations and offering a diverse menu appea
- The investment offers built-in protection against inflation with 8% rent increases every 5 years, providing investors with a hedge against rising cost
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,946 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.85 AC
Zoning
Resturant
Parking
40 Spaces (8.09 Spaces per 1,000 SF Leased)
Frontage
128’ on North Plano Road
Property Taxes
| Parcel Number | 422205000A0070000 | Improvements Assessment | $1,460,950 |
| Land Assessment | $444,670 | Total Assessment | $1,905,620 |
Property Taxes
Parcel Number
422205000A0070000
Land Assessment
$444,670
Improvements Assessment
$1,460,950
Total Assessment
$1,905,620
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