512 K Ave | Plano, TX 75074
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- LoopNet Team
512 K Ave
Plano, TX 75074
Raceway Express Car Wash · Specialty Property For Sale
·
4,205 SF
INVESTMENT HIGHLIGHTS
- New Construction Corporate Landshark Car Wash in the Heart of Plano, TX: Absolute NNN lease with no landlord responsibilities
- High-Growth Trade Area; Plano is One of the Most Rapidly Growing Cities in Collin County: 103% pop. growth within a 1-mile radius from 2010 to 2020
- Significant Daytime Pop.; The Property Benefits from its Proximity to Some of the Regions Largest Employers: 168,278 employees within a 5-mile radius
- 20-year initial lease term with two 5-year options | 2% annual increases starting in June 2024 during the initial term and option periods
- 102.57% increase in households within a 1-mile radius from 2010 to 2020 block from U.S. 75 (244,000 CPD)
- The Dallas-Fort Worth region ranks among the top 3 US metro areas for business expansions, relocations, and employment growth
PROPERTY FACTS
| Property Type | Specialty | Building Size | 4,205 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2022 |
| Lot Size | 0.81 AC | ||
| Zoning | LI-1 - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.81 AC |
| Building Size | 4,205 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | LI-1 - Commercial |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R-3446-001-004R-1 | Improvements Assessment | $2,775,084 |
| Land Assessment | $1,131,445 | Total Assessment | $3,906,529 |
PROPERTY TAXES
Parcel Number
R-3446-001-004R-1
Land Assessment
$1,131,445
Improvements Assessment
$2,775,084
Total Assessment
$3,906,529
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