3408 Preston RdPlano, TX 75093

For Lease
  • Commercial real estate
  • 5,920 SF

Property Details for 3408 Preston Rd

Year built
1995
Lot size
1.23 AC
Property size (Sq ft)
5,920 SF
Zone code
RT/O-M
Property type
Commercial real estate
APN
R-2838-00A-01RD-1
APU
R283800A01RD1

Description

This exceptional retail opportunity presents a rare chance to acquire a 7,000 square foot freestanding building situated at 3408 Preston Road in Plano, Texas, within the vibrant Preston Parker Crossing shopping center. The property boasts a highly desirable location in West Plano, directly facing Preston Road, ensuring excellent visibility and accessibility. This second-generation restaurant space is part of a larger 276,000 square foot neighborhood retail center, offering a strong established customer base. The location benefits from its proximity to a future HEB grocery store, guaranteeing significant foot traffic and consumer draw. Furthermore, the property enjoys close proximity to numerous Fortune 500 companies, including Bank of America, HP Enterprise, Capital One, JC Penney, Ericsson, Frito-Lay, and Dell, attracting a high concentration of affluent residents and employees from some of the most prestigious neighborhoods in the Dallas-Fort Worth Metroplex. The single-tenant occupancy provides a unique opportunity for a business seeking a prominent and well-positioned location within a thriving retail environment. Located in Collin County, Texas, with a zip code of 75093, this property offers unparalleled access to a robust and affluent market. The building's size and location make it ideal for a variety of restaurant concepts or retail businesses seeking a high-profile presence in a prime West Plano location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,492,282
    Hospitality
    $1,366,923
    Educational
    $1,137,264
    Medical
    $1,176,376
    Retail
    $1,769,077
3408 Preston Rd, Plano, Texas

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0442
Longitude
-96.7938
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$33,443
$1,342,725
$644,420
$1,987,145
-
$1,342,725
$644,420
$1,987,145

FAQs

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