2065 Preston Rd - Freestanding FOR SALE
Plano, TX 75093 |
$27,368,421 USD
858-373-3184
2065 Preston Rd
Plano, TX 75093
HIGHLIGHTS
- Rare opportunity to acquire a dual tenant corporate ground lease investment secured by Bank of America and Wild Fork Foods.
- Both leases are structured as absolute NNN ground leases, eliminating landlord responsibilities while providing contractual rent increases.
- Located within a high performing Whole Foods anchored retail corridor in West Plano, surrounded by Trader Joe’s, Market Street and national retailers.
- Recently completed construction in 2023 and 2024 delivers tenant specific high quality improvements, reinforcing long term commitment.
- Situated at the signalized intersection of Preston Road and West Park Boulevard with over 87,000 vehicles per day, offering exceptional visibility.
FOR SALE DETAILS
PRICE
$27,368,421 USD
PRICE/SF
$2,294 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TROPHY REAL ESTATE | TOP TEXAS INTERSECTION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Bank, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.22 AC
LAND SF
96,703 SF
ZONING
-
APN/PARCEL ID
R-2872-00A-003R-1
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858-373-3184
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858-373-3184
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