3305 Coit Rd | Plano, TX 75093
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- LoopNet Team
3305 Coit Rd
Plano, TX 75093
Ledy's Auto Repair & Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding 3,008 square-foot automotive shop located in Plano's highly dense retail corridor.
- Stabilized property offers investors the rare opportunity to own a cash-flowing asset with a lease of eight-plus years.
- Situated on the hard corner of Coit Road and W Parker Road, with a combined daily traffic count of 66,769.
- This fully occupied property benefits from a triple net tenant, Grease Monkey, with an 8.5-year lease.
- The property has excellent visibility with pylon and building signage, 22 parking spaces, five oil change bays, and an office area.
- The local area has experienced an exponential growth rate of 3.4% in the last decade, with a population of 429,261.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,008 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.44 AC
Zoning
RT
Parking
22 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
75’ on Coit Rd
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | R-2543-001-004R-1 | Improvements Assessment | $525,420 |
| Land Assessment | $463,025 | Total Assessment | $988,445 |
PROPERTY TAXES
Parcel Number
R-2543-001-004R-1
Land Assessment
$463,025
Improvements Assessment
$525,420
Total Assessment
$988,445
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