1403 Precision Dr | Plano, TX 75074
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1403 Precision Dr
Plano, TX 75074
Sunstate Equipment Co. · Specialty Property For Sale
·
7,880 SF
INVESTMENT HIGHLIGHTS
- Robust Demographics - The subject property has a population of 300,883 residents making an average household income of $104,955 within a 5-mile radius
- 6th Largest Equipment Rental Company in the U.S - Sunstate Equipment is the 6th largest equipment rental company in the US and the 24th in the world
- Rent Growth With 1.75% Annual Increases - The lease provides a 1.75% annual increases, providing the landlord with a hedge against inflation.
- Strong Dense Industrial Corridor - Sunstate Equipment is located within Plano’s most populated industrial section in the city.
- Ideal Location - The subject property is located on a 2.89 acre corner lot with a fenced storage.
- Strong Corporate Guarantor - Sumitomo Corporation of Americas (SCOA), is the largest subsidiary of Sumitomo Corporation
PROPERTY FACTS
| Property Type | Specialty | Building Size | 7,880 SF |
| Property Subtype | Contractor Storage Yard | No. Stories | 1 |
| Building Class | C | Year Built | 1999 |
| Lot Size | 2.89 AC | ||
| Zoning | LI-2, Plano | ||
| Property Type | Specialty |
| Property Subtype | Contractor Storage Yard |
| Building Class | C |
| Lot Size | 2.89 AC |
| Building Size | 7,880 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Zoning | LI-2, Plano |
PROPERTY TAXES
| Parcel Number | R-4100-00A-0010-1 | Improvements Assessment | $328,676 |
| Land Assessment | $1,509,093 | Total Assessment | $1,837,769 |
PROPERTY TAXES
Parcel Number
R-4100-00A-0010-1
Land Assessment
$1,509,093
Improvements Assessment
$328,676
Total Assessment
$1,837,769
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