3320 N Central Expy
Plano, TX 75074
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Restaurant Location – Saltgrass Steak House is ideally positioned along Sam Johnson Highway
- Absolute NNN Lease – The tenant is responsible for all expenses and maintenance providing an investor with passive income
- Affluent Demographics and High Population Growth – Plano boasts an average household income north of $115,000
- Strong Rent Increases – The lease features CPI rent increases (capped at 10%) providing for healthy growing cash flow
- Collin Creek Mall Redevelopment – The property is centrally located next to a major ~$1 billion redevelopment of Collin Creek Mall.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,866 SF
Building Class
C
Year Built/Renovated
1997/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.00 AC
Parking
150 Spaces (19.07 Spaces per 1,000 SF Leased)
Frontage
109’ on N Central Expy
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R-2492-00A-0030-1 | Improvements Assessment | $578,940 |
| Land Assessment | $2,613,600 | Total Assessment | $3,192,540 |
