3960 Legacy Dr
Plano, TX
Price:
$10423000
Cap Rate:
6.50%
NOI:
$677,489
Building Size:
Approx. 6666 Sq. Ft.
Lot Size:
Approx. 0.86 Acres
Type:
Single-Tenant / Medical
Sub Category:
Medical / Dental
Year Built:
2016
Investment Overview
- 2016 Construction | 6,666+/- SF Building on .86+/- Acre Site
- New 20-Year, Absolute Corp NNN Lease w/ 2% Annual Bumps
- Located along Legacy Dr (56,000 VPD), just S Sam Rayburn Tollway “Hwy 121” (102,000 VPD)
- Employer HQ’s: BOA (5,400)|HP Enterp. (4,800) | Capital One (3,175) | JcPenney (3,100) | Frito-Lay (2,400)
- 2 Miles E of The Shop of Legacy (4 Million Visitors/Year) | 4.5-Miles SE of Stonebriar Mall (1,630,000 SF)
- 5 Miles SE of $5 Billion Mile – Frisco Station, The Gate, Wade Park, The Star at Frisco (Dallas Cowboys HQ)
- 5-Mile Radius: 2015 Estimated Population: 300,174 | 3-Mile Average Household Income: $121,974
- Dallas – Fort Worth – Arlington MSA: 4th Largest MSA in the US | Population: 6,526,548