5225 Village Creek Drive Unit# 300, Plano, Texas, 75093

Listed by Duggan Realty Advisors L.L.C., L.J. Erickson, 972-841-6386
$3,750,000
9,944 Sqft
1.20 Acres
#21407134
Duggan Realty Advisors, LLC has been exclusively retained to offer qualified buyers the opportunity to acquire 5225 Village Creek Drive, a boutique office building prominently positioned in the heart of West Plano. Located amongst a thriving corridor, with retail, medical, residential and hospitality developments. As a result, the building offers tenants access to a wealth of nearby amenities that appeal to the modern office tenant. The Property offers 9,944 square feet of highly efficient, neighborhood office space that is currently 43% leased. Well positioned for an owner occupant wanting to take control of their real estate needs, the building has 5,646 sf available for immediate occupancy. The available space is complimented by an established income stream that should greatly reduce ownership cost and build equity. Situated West Plano, one of Texas’ most affluent and influential residential populations. The nearby residential communities fuel demand in the building from customer facing service operators that feed off the community. Consistently regarded as a preferred office submarket, the West Plano “Platinum Corridor” is benefitted by unsurpassed proximity to a dense demographic base of decision makers, and is populated with in-demand destination retail. The existing tenants leases are currently below market and offer a sizable discount to the submarket’s average rental rate and provide a source of potential upside through mark-to-market renewals. Monument and building signage opportunities are available to afford an owner operator a chance to establish a branding presence.

PROPERTY FEATURES

  • 1 Unit(s)
  • Business Type: Accounting,Administrative and Support,Advertising,Commercial,Dental,Education/School,Employment,Financial,Medical,Professional Office,Professional Service,Other
  • Utilities : Cable Available,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available,Underground Utilities,Other
  • Parking Features: Common,Concrete,On Site,Parking Lot
  • Security Features : Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
  • Accessibility Features: Accessible Approach with Ramp
  • Lot Features : Adjacent to Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees
  • Lot Features : Composition
  • Road Frontage Type : City Street
  • Building Use : Medical,Office,Other
  • Cooling: Electric
  • Heating : Natural Gas
  • Construction Materials: Brick,Rock/Stone,Other
  • Foundation Details: Slab
  • Flooring : Carpet,Ceramic Tile,Wood
  • Ceiling Height : 8 to10 Feet
  • Green Verification Count : 0
  • Zoning Description : PD-204 (O-2) General Office
PROPERTY DETAILS
ID: 21407134
Status: Active
Price: $3,750,000
Acres: 1.20 Acres
Price Per Acre: $3,130,217
Type: Commercial
Address: 5225 Village Creek Drive Unit# 300
City, State: Plano, Texas
County: Collin
Zip Code: 75093
Lat/Long: 33.014691, -96.806547
Presented By: L.J. Erickson
Phone: 972-841-6386
Email: Click to Contact