6853 Coit Rd
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6853 Coit Rd
6,710 SF 100% Leased Office Building Plano, TX 75024 £1,204,765 (£180/SF) 6.59% Net Initial Yield
Investment Highlights
- Quick access to 190 PGBT, North Dallas Tollway, Central Expressway 75, and Hwy 121.
- Opportunity for an investor or owner/occupant. Current Occupancy 100% leased to 4 tenants.
- 154,000 new jobs created in 2023.
- Benefited by Dallas/Fort Worth’s status as a top U.S. marketplace with a diversified economy, nation leading population and job growth.
- One of the top real estate markets in the country. Average household income $146,750.
Executive Summary
6853 Coit Road is a single-story multi-tenant building located in Plano, Texas, Collin County, Texas totaling approximately 6,710 sf. The property is located near the intersection of Coit Road and Legacy Drive minutes from the North Dallas Tollway, HWY 121, US 75 and the President George Bush Turnpike HWY 190. The property provides investors and/or users the opportunity to acquire an office asset at an attractive basis in the thriving Plano sub-market. The building's single story design provides tenants efficient space plans and access to surrounding restaurants and retail options. Currently 100% leased the property is home to a diverse rent roll and primarily designed for small and mid-size office/medical suites. Enclosed with this Investment Offering Summary is a Confidentiality Agreement relating to the Property. If you are interested in receiving a full Offering Memorandum, please sign and return the Confidentiality Agreement to the exclusive agent listed below.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,710 SF
Building Class
C
Year Built
1994
Price
£1,204,765
Price Per SF
£180
Net Initial Yield
6.59%
NOI
£79,337
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,710 SF
Slab to Slab
11 ft
Building FAR
0.29
Land Acres
0.53 AC
Zoning
O-1, Plano - Neighborhood Office
Parking
25 Spaces (3.73 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
Walk Score ®
Very Walkable (72)
-
Bill Rudd -
Haggard Property Group, Ltd.
(972) 422-4515
x119
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6853 Coit Rd
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