1001 Preston Rd - Auto Dealership FOR SALE


Plano, TX 75093
$13,500,000 USD
214-766-9101
1001 Preston Rd, Plano, TX for Sale
$13,500,000 USD
Auto Dealership - FOR SALE
1/5
null | 5.16% Cap Rate

1001 Preston Rd
Plano, TX 75093


HIGHLIGHTS

  • Excellent Visibility

OVERVIEW

Capstone Commercial is pleased to present this one-of-a-kind offering. Texas Collision Centers is strategically positioned at the hard northwest corner of Preston Road and President George Bush Turnpike in the heart of the D/FW Metroplex in Plano, Texas. This prime location offers unrivaled visibility and accessibility, drawing in clients throughout the northern area of D/FW. With its strategic placement amidst thriving businesses on Preston Road and surrounding trade areas, this property presents an enticing investment opportunity for savvy buyers looking to capitalize on the vibrant Northern Corridor Market of D/FW. This former Toyota of Plano build-to-suit and now state-of-the-art remodel from CarLotz and Texas Collision Centers in 2021 and 2023 consists of six buildings totaling 62,519 square feet and situated on 5.75 acres of land. The Offering is an extremely rare infill covered land play. The property has excellent visibility and access to over 272,336 vehicles per day. Surrounding the property are tremendous densities with 119,517 and 361,098 residents within a 3- and 5-mile radius. Average household incomes within this 3- and 5-mile radius are an incredible $132,177 and $119,158.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

301

LAND DETAILS

LAND ACRES

5.75 AC

LAND SF

250,470 SF

ZONING

LC

APN/PARCEL ID

1971253

ASK ABOUT THIS PROPERTY

Larry RobbinsCapstone CommercialMore Info
214-766-9101

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Larry RobbinsCapstone CommercialMore Info
214-766-9101

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