6280 Tennyson Pkwy - Storefront Retail/Office FOR SALE


Plano, TX 75024
$4,666,000 USD
214-960-2835
6280 Tennyson Pkwy, Plano, TX for Sale
$4,666,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 6.15% Cap Rate

6280 Tennyson Pkwy
Plano, TX 75024


HIGHLIGHTS

  • Complimentary Tenant Mix with Panera Bread (Drive-Thru End Cap), Mathnasium & AlphaGraphics
  • Moments from AT&T’s Newly Announced Future Global Headquarters (54 Acres, 10,000+ Employees Expected) & Toyota’s North American Headquarters
  • Parallel Positioning Along Tennyson Parkway’s Adjacent Intersection with Communications Parkway (27,700+ Combined VPD)
  • 100% Leased, 6,634 SF, 3-Tenant Retail Center Minutes from Plano’s Legacy West & Corporate Employment Hub
  • Located in Plano’s Prime Retail & Employment Corridor With 1.2M+ SF of Retail GLA in a 2-Mile Radius & 21.6M+ SF of Office GLA in a 1.5-Mile Radius
  • Average Household Income Exceeds $172,300 & $178,300 in a 1- & 3-Mile Radii Radii

OVERVIEW

- Strong Fundamentals Located at the Signalized Intersection of Tennyson Parkway (18,000+ VPD) & Corporate Drive on a +/- 1.13 Acre-Parcel with Multiple Ingress/Egress Points of Access & 46 Parking Spaces (6.9/1,000 SF Parking Ratio) - Parallel Positioning Along Tennyson Parkway’s Adjacent Intersection with Communications Parkway (27,700+ Combined VPD); Seconds from Dallas North Tollway (~116,600 VPD) - Located within Legacy Business Park: 2,665-Acre Master-Planned Development Home to 33M+ SF of Office GLA, 750K+ SF of Retail GLA & 6,000+ Residents & Employees - Major Corporate Campuses within Minutes of the Property include PepsiCo (250K+ SF), Frito-Lay (1.6M+ SF), JCPenney (1.8M+ SF), FedEx Office (300K+ SF), Keurig Dr. Pepper, Ericsson & JP Morgan Chase Amongst Others

FOR SALE DETAILS

PRICE

$4,666,000 USD

PRICE/SF

$707 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera 3-Tenant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

Commercial Employment

APN/PARCEL ID

R-11086-00A-0020-1

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.