6308 Preston Rd | Plano, TX 75024
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- LoopNet Team
6308 Preston Rd
Plano, TX 75024
Bonus Depreciation and Annual CPI Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Qualifies for Bonus Depreciation
- Long term 19 year lease
- Dallas Metro (income tax free state)
- Absolute NNN lease (zero landlord responsibilities)
- Annual rent increases at the Greater of 2% or CPI up to 6%, a hedge against inflation
- Below replacement cost investment, hard to replace assets
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,062 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.95 AC
Zoning
O-M
Parking
20 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
147’ on Preston Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R-8286-00A-0030-1 | Improvements Assessment | $837,627 |
| Land Assessment | $997,350 | Total Assessment | $1,834,977 |
PROPERTY TAXES
Parcel Number
R-8286-00A-0030-1
Land Assessment
$997,350
Improvements Assessment
$837,627
Total Assessment
$1,834,977
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