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Huffines Park Plaza 189 N Plano Rd 12,000 SF 100% Leased Retail Building Richardson, TX 75081 $4,150,000 ($345.83/SF) 6.50% Cap Rate
Executive Summary
First time on the market for this little gem in Central Richardson. The property is 100% Leased with good quality Tenants including a medical doctor, dentist, pharmacy, State Farm agency, etc. Broker will provide rent roll after prospects sign an NDA.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
2004
Price
$4,150,000
Price Per SF
$345.83
Cap Rate
6.50%
NOI
$269,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.46 AC
Zoning
LR-M(1)
Parking
24 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
213’ on N Plano Rd
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 420665500A0010000 | Improvements Assessment | $1,157,310 |
| Land Assessment | $1,292,690 | Total Assessment | $2,450,000 |
Property Taxes
Parcel Number
420665500A0010000
Land Assessment
$1,292,690
Improvements Assessment
$1,157,310
Total Assessment
$2,450,000
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Huffines Park Plaza | 189 N Plano Rd
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