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Plano Daycare with Business 2131 Teakwood ln 5,482 SF 100% Leased Retail Building Plano, TX 75075 $1,630,000 ($297.34/SF)



Investment Highlights
- Premier Plano location in one of the DFW Metroplex's most desirable submarkets.
- 45+ years of continuous operation; current ownership in place since 2008.
- Flexible acquisition: purchase business only or business together with real estate.
- 355,000 residents with avg. household incomes exceeding $158,616 within 5 miles.
- Recently renovated: new roof, interior finishes, synthetic turf, and perimeter fence.
- Below replacement cost opportunity with enrollment growth potential.
Executive Summary
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,482 SF
Building Class
C
Year Built
1981
Price
$1,630,000
Price Per SF
$297.34
Percent Leased
100%
Building Height
1 Story
Frontage
111’ on Teakwood Lane
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-0181-001-0030-1 | Improvements Assessment | $538,148 |
| Land Assessment | $184,776 | Total Assessment | $722,924 |
Property Taxes
Parcel Number
R-0181-001-0030-1
Land Assessment
$184,776
Improvements Assessment
$538,148
Total Assessment
$722,924
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