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The Castle at Willow Bend 3001 Dallas Pky 25,000 SF Vacant Office Building Plano, TX 75093 $14,500,000 ($580/SF) 6.02% Cap Rate
Investment Highlights
- Landmark two-story medical and office property, prominently situated along the Dallas North Tollway with exposure to over 225,000 vehicles daily.
Executive Summary
The Castle at Willow Bend presents a rare acquisition opportunity — a distinguished 25,000-square-foot, two-story medical/office building situated on 1.36 acres along the Dallas North Tollway in Plano, Texas is 100% leased. Known locally as “The Castle on the Tollway,” this landmark property commands unrivaled visibility with exposure to over 225,000 vehicles per day and features timeless architecture complemented by elaborate custom interior finishes.
Building and monument signage further amplify tenant branding on one of North Texas’s most heavily trafficked corridors.
Building and monument signage further amplify tenant branding on one of North Texas’s most heavily trafficked corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,000 SF
Building Class
B
Year Built
2003
Price
$14,500,000
Price Per SF
$580
Cap Rate
6.02%
NOI
$872,900
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,072 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
1.75 AC
Zoning
TE
Parking
89 Spaces (4.91 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Central Heating
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- David Stroud Counseling
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| David Stroud Counseling | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R-3088-00B-004R-1 | Improvements Assessment | $2,838,980 |
| Land Assessment | $2,509,840 | Total Assessment | $5,348,820 |
Property Taxes
Parcel Number
R-3088-00B-004R-1
Land Assessment
$2,509,840
Improvements Assessment
$2,838,980
Total Assessment
$5,348,820
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Castle at Willow Bend | 3001 Dallas Pky
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