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8920 Coit Rd
Plano, TX 75025
Retail Property For Sale
Executive Summary
- Prime North Plano Retail Shopping Center Fronting Coit Road
- Just South of the Intersection of Coit & McDermott and Highway 121 (Sam Rayburn Tollway)
- In-Place Income with Future Repositioning Upside - Lease Negotiations and Re-Tenant
- Market Options Remaining for Republic Title - Lease Expires 12/31/2027
- Ebby Halliday Lease in Place - Premises Vacated - Lease Expires 12/31/2027
- Opportunity to Backfill 7,550 SF at Market Rents
- Excellent Visibility & Monument Signage
- Adjacent to CVS Pharmacy
- Strong Demographics in Affluent North Plano
- Just South of the Intersection of Coit & McDermott and Highway 121 (Sam Rayburn Tollway)
- In-Place Income with Future Repositioning Upside - Lease Negotiations and Re-Tenant
- Market Options Remaining for Republic Title - Lease Expires 12/31/2027
- Ebby Halliday Lease in Place - Premises Vacated - Lease Expires 12/31/2027
- Opportunity to Backfill 7,550 SF at Market Rents
- Excellent Visibility & Monument Signage
- Adjacent to CVS Pharmacy
- Strong Demographics in Affluent North Plano
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,508 SF
Year Built
2004
Price
$4,500,000
Price Per SF
$391.03
Cap Rate
6.75%
NOI
$303,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.11 AC
Zoning
R
Parking
51 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
163’ on Coit Rd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | R-8650-00A-0010-1 | Improvements Assessment | $1,600,685 |
| Land Assessment | $967,903 | Total Assessment | $2,568,588 |
Property Taxes
Parcel Number
R-8650-00A-0010-1
Land Assessment
$967,903
Improvements Assessment
$1,600,685
Total Assessment
$2,568,588
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