6851 Communications Pky

8,320 SF Office Building Plano, TX 75024 For Sale 10% Cap Rate

INVESTMENT HIGHLIGHTS

  • NNN Lease, Single Tenant

EXECUTIVE SUMMARY

This 8,320-square-foot property, built in 2018, offers an excellent investment opportunity with a single tenant on a NNN lease, providing investors with a reliable income stream and minimal landlord responsibilities. The lease, set to expire in January 2027, presents a stable and predictable revenue source, making it an attractive option for those seeking long-term value in the commercial real estate market.
Strategically located in Plano, Texas, at the intersection of Communications Drive and Tennyson Parkway, the property benefits from its proximity to key business and lifestyle amenities. Just minutes from The Shops at Legacy, one of Plano’s most vibrant retail and entertainment districts, the area attracts a steady flow of visitors and businesses, ensuring consistent tenant demand and sustained property value. Plano’s strong economic fundamentals, growing population, and business-friendly environment further enhance the investment potential of this asset.
The property’s modern construction and prime location offer investors a combination of stability and long-term appreciation. With an established tenant and a lease structure that shifts operating expenses to the occupant, this investment provides a low-maintenance solution with strong cash flow potential in one of North Texas’ most desirable submarkets.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,320 SF
Building Class
B
Year Built
2018
Cap Rate
10%
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,320 SF
Building FAR
0.05
Lot Size
4.18 AC
Zoning
Commercial
Parking
16 Spaces (1.92 Spaces per 1,000 SF Leased)

PROPERTY TAXES

  • Listing ID: 34615581

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 6851 Communications Pky, Plano, TX 75024