10301 Custer Rd - Freestanding FOR SALE


Plano, TX 75025
$2,200,000 USD
972-755-5205
10301 Custer Rd, Plano, TX for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

10301 Custer Rd
Plano, TX 75025


HIGHLIGHTS

  • 10-Year Absolute Net Sale-Leaseback with 10 Percent Rental Escalations Every Five Years
  • Prime Location Near a Planned Mixed Use Development Anchored by an H-E-B
  • Excellent Access and Visibility on North Custer Road (38,673 VPD) Near Sam Rayburn Tollway (90,861 VPD)
  • More Than 345,167 Residents and an Average Household Income of $154,592 (5-Mile Radius)
  • Attractive Brick Construction on a Large 1.47 Acre Parcel with Ample Parking

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease The Dance Movement in Plano, TX. The property consists of a 7,200-square-foot, freestanding building that sits on approximately 1.47 acres of land. There are 10.1 years remaining on the lease with 10% rental increases every 5 years.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dance Movement

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

R2631137

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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