For Lease
$20/SF/YR

5501 Independence PkwyPlano, TX 75023

Prime Plano location, renovated medical suites available.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class B medical office building, situated at 5501 Independence Parkway in Plano, Texas, presents a unique investment opportunity. The property, known as the Independence Medical Building, boasts a total of 57,478 square feet and offers multiple tenancy options. Built in 1986 and extensively renovated in 2019, the building is well-maintained and features modern amenities. Suites range from a minimum of 847 square feet to a maximum contiguous space of 3,144 square feet, with seven spaces currently available, ranging from 404 to 4,149 square feet. The building's convenient location at the intersection of Spring Creek and Independence Parkway in Collin County (APN R1794669) places it within easy reach of a thriving residential and retail community. Ample parking is provided with 150 spaces. The RT/O-M zoning allows for a variety of medical and office uses. This property is ideally suited for medical practices and other businesses seeking a well-established and easily accessible location in the heart of Plano, Texas, zip code 75023. The building's current tenants represent a diverse mix of medical and general office users, demonstrating its broad appeal and strong tenant base.

Highlights

  • Class B medical office building totaling 57,478 square feet in Plano, TX.
  • Located at 5501 Independence Parkway, at the intersection of Spring Creek and Independence Parkway.
  • Recently renovated (2019) with modern amenities and ample parking (150 spaces).
  • Offers multiple suites ranging from 847 to 3,144 square feet, with seven currently available (404-4,149 sq ft).
  • RT/O-M zoning allows for various medical and office uses.

Property Details for 5501 Independence Pkwy

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
57,478 SF
Class
B
Year Built/Renovated
1986/2019

Unit(s) available at that property

Space
3rd - 314
Size
1,755 SF
Rate per SF
$20
Space
3rd - 312
Size
847 SF
Rate per SF
$20
Space
2nd - 201
Size
4,149 SF
Rate per SF
$20
Space
1st - 113-117
Size
1,229 SF
Rate per SF
$20
Space
3rd - 310
Size
1,667 SF
Rate per SF
$20
Space
3rd - 311
Size
404 SF
Rate per SF
$20
Space
3rd - 320
Size
1,004 SF
Rate per SF
$20

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0563546
Longitude
-96.7511557
5501 Independence Pkwy, Plano, Texas

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5501 Independence Pkwy
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