512 K Ave | Plano, TX 75074
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- LoopNet Team
512 K Ave
Plano, TX 75074
Specialty Property For Sale · 2,000 SF
Investment Highlights
- New Construction Corporate Landshark Car Wash in the Heart of Plano, TX: Absolute NNN lease with no landlord responsibilities
- High-Growth Trade Area; Plano is One of the Most Rapidly Growing Cities in Collin County: 103% pop. growth within a 1-mile radius from 2010 to 2020
- Significant Daytime Pop.; The Property Benefits from its Proximity to Some of the Regions Largest Employers: 168,278 employees within a 5-mile radius
- 20-year initial lease term with two 5-year options | 2% annual increases starting in June 2024 during the initial term and option periods
- 102.57% increase in households within a 1-mile radius from 2010 to 2020 block from U.S. 75 (244,000 CPD)
- The Dallas-Fort Worth region ranks among the top 3 US metro areas for business expansions, relocations, and employment growth
PROPERTY FACTS
| Property Type | Specialty | Building Size | 2,000 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | C | Year Built | 2023 |
| Lot Size | 0.81 AC |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | R-3446-001-0040-1 | Improvements Assessment | $57,244 |
| Land Assessment | $1,117,294 | Total Assessment | $1,174,538 |
PROPERTY TAXES
Parcel Number
R-3446-001-0040-1
Land Assessment
$1,117,294
Improvements Assessment
$57,244
Total Assessment
$1,174,538
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