5540 State Highway 121 | Plano, TX 75024
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- LoopNet Team
5540 State Highway 121
Plano, TX 75024
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate guaranty from At Home, a unique home décor concept that offers up to 45,000 home décor items for every household room (the “Tenant”).
- The Asset is positioned in the heart of Plano’s business district.
- Since 2010, the surrounding 1-mile population has experienced an unprecedented 131% growth and a daytime population of more than 36,000.
- The lease structure is an absolute NNN lease with over 10.5 years of remaining term, offering investors long-term cash flow with no landlord expenses.
- Located cross the street from Granite Park mixed-use development featuring 2.4 million square feet of office, retail, restaurant, and hotel space.
- Average household incomes within that radius exceed $120,000 annually.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
108,490 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
7.90 AC
AMENITIES
- Pylon Sign
- Monument Signage
PROPERTY TAXES
| Parcel Number | R-9542-001-0080-1 | Improvements Assessment | $11,033,602 |
| Land Assessment | $5,505,984 | Total Assessment | $16,539,586 |
PROPERTY TAXES
Parcel Number
R-9542-001-0080-1
Land Assessment
$5,505,984
Improvements Assessment
$11,033,602
Total Assessment
$16,539,586
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