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Property Details:

County or Parish
Collin
Lot Size
1 to < 3 Acres
Lot Size (Acres)
1.1980
Lot Size Area
1.1980
Lot Size (Square Feet)
52184.8800
Zoning Description
PD-204 (O-2) General Office

Interior Information:

Ceiling Height
8 to10 Feet
Heating
Natural Gas
Cooling
Electric
Flooring
Carpet,Ceramic Tile,Wood
Stories Total
1

Exterior Information:

Lot Features
Adjacent to Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees
Lot Size
1 to < 3 Acres
Acres
1.1980
Waterfront
No

Commercial Info:

Building Area Total
9944.00
Building Use
Medical,Office,Other

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21407134

5225 Village Creek Drive

Plano, Texas
$3,750,000
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Type: Commercial Sale
Year Built: 1996
Remarks: 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.
Active
Listed by: L.J. Erickson
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Tony C Hager

Tony C Hager

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