Whataburger | Plano, TX
Outparcel to Walmart Super Center | $153,452 Average HHI within 3-Miles
Marketing description
Introducing a lucrative investment opportunity at 433 Coit Road in Plano, Texas. This single-tenant property, an outparcel to Walmart Supercenter, boasts over 12 years remaining on a lease with scheduled rental increases. With a net operating income of $247,116 and a cap rate of 4.49%, this Absolute NNN investment offers a hassle-free ownership experience as the tenant is responsible for all costs. Ideally situated in a high-traffic area along Coit Rd and near George Bush Turnpike, the property benefits from a dense retail corridor with strong demographics. The 3,420 SF space on a 1.15-acre lot features fee simple ownership, making it a prime choice for passive investors looking to benefit from the thriving market in Plano.
Investment highlights
12+ Years Remaining | Scheduled Rental Increases | Options to Extend
Absolute NNN | Fee Simple Ownership
Outparcel to Walmart Supercenter | Along Coit Rd | George Bush Turnpike | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
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