2401 Jupiter Rd
Plano, TX
Price:
$1,310,000
Cap Rate:
7.57%
NOI:
$99,180
Building Size:
Approx. 5,024 Sq. Ft.
Lot Size:
Approx. 0.4 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Retailer
Year Built:
1974
Investment Overview
- 1974 Construction. ±5,024 SF Retail Center Situated on a ±0.4 Acre Site
- Prime hard corner outparcel to Panther Park with excellent visibility and access
- Strong traffic counts: ~47K VPD combined at Jupiter Rd & Park Ave
- Dense, affluent trade area: 301K+ population; $133K+ avg HH income
- Exceptional tenant tenure: 100% ≥12 yrs; majority 16+ yrs
- Below-market rents ($19.74 vs. $27–$33 PSF) provide clear upside. Stabilized NNN asset with passive ownership and minimal management.
- Plano, TX | Leading North Texas Business Hub Located 20 Miles North of Downtown Dallas | Population: 297,000+; MSA Population: 8.3M+