- The building is 100% occupied by Creative Learning dba the Einstein School and Hail strike
- Creative learning currently has 6 years remaining on their initial lease with 1 (5-year) option to extend, demonstrating their commitment to the site
- Hail Strike currently has 3 years remaining on their lease
- Creative Learning will assume Hail Strike’s initial lease once it is completed in March of 2028
- Tenants are paying a below market rent of $18 PSF vs $30 PSF
- The asset is located along W Plano Pkwy which averages 35,900 VPD
- The site benefits from nearby direct on/off ramp access to George Bush Turnpike, a major thoroughfare that averages 136,500 VPD
- The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart Supercenter, Sam’s Club, Anytime Fitness, AutoZone, Lowe’s, Discount Tire, and many more
- The subject property is located just down the street from Medical City Plano, a 603-bed regional hospital, which increases consumer traffic to the area
- More than 360,000 residents and 256,000 employees support the trade area, providing a direct consumer base from which to draw
An affluent average household income of $147,890 in 3-mile area