6533 K Ave | Plano, TX 75074
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- LoopNet Team
6533 K Ave
Plano, TX 75074
Opportunity Zone | Long-term NNN Tenant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding 4,489 SF automotive shop located in a highly dense area in Plano, TX.
- The tenant is the nation’s largest independent franchisor of automotive preventive maintenance centers.
- On a 0.65-acre lot with direct accessibility to K Avenue, building signage, ample parking, three car bays, a car lift, and an office area.
- Stabilized property allows investors to own a cash-flowing asset in an opportunity zone, providing potential tax incentives.
- This fully occupied property benefits from a triple net tenant with an 8.5-year lease with regular rent increases.
- The area within five miles of the property has experienced an exponential growth rate of 1.8% in the last decade, with a population of 313,980.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,489 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.65 AC
Zoning
L1-1
Parking
11 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
160’ on K Ave
AMENITIES
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | R-3787-00A-004A-1 | Improvements Assessment | $470,720 |
| Land Assessment | $241,105 | Total Assessment | $711,825 |
PROPERTY TAXES
Parcel Number
R-3787-00A-004A-1
Land Assessment
$241,105
Improvements Assessment
$470,720
Total Assessment
$711,825
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