Listed by DUWEST
$4,583,000
Preston & Broadway
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 7,000
Cap Rate 6%
NOI $275,000
Occupancy 100%
Tenancy Multi
Lease Term 10.3
Lease Expiration 06/29/2036
Remaining Term 10
Price per SqFt $655
Year Built 2025
Lease Commencement 03/31/2026
Multi-Tenant Retail fronting Preston Road (63,306 VPD) | 6.00%
Marketing description
DuWest Realty Investment Services is proud to present an exceptional opportunity to acquire Preston and Broadway, a two-tenant retail property located at the strategically significant southeast corner of Preston Road and Broadway in Plano, Texas. This newly constructed asset benefits from its prime positioning along Preston Road, one of the Dallas-Fort Worth area’s busiest thoroughfares, which sees an impressive daily traffic volume of 63,306 vehicles. With its contemporary design and high visibility, the property not only serves the immediate community but also attracts a steady flow of potential customers from the affluent neighborhoods surrounding it.
Situated within the heart of North Dallas' Corporate Headquarters corridor, Preston and Broadway offers significant advantages for both operators and investors. The locale is enriched by a robust demographic profile, characterized by high income levels and strong consumer spending power, making it an ideal destination for retail ventures. Additionally, the ongoing development and growth in this area bode well for future appreciation and increased foot traffic. Investors will appreciate the dual-tenant structure, providing stable cash flow and diverse income streams, positioning this property as a compelling addition to any commercial real estate portfolio.
This best-in-class Property is 100% leased to two strong tenants. Qamaria Yemeni
Coffee is a rapidly growing coffee concept founded in Michigan in 2021. As of 2024,
there are 16 locations across several states with plans for more store openings. The
second tenant featured at the Property is Indian Restaurant called Ulavacharu. This is
the third store (California based) and first Texas location. For over a decade, Ulavacharu
has been serving authentic Indian cuisine and offers takeout , catering and custom
sweets to celebrate special occasions.
Broadway Drive offers an investor a partly stabilized, newly constructed retail featuring
long term tenants with embedded cash flow increases. This epic retail location will
continue to serve the ever-growing demographics as the area continues to be a top
sub-market in Dallas, Fort-Worth.
Investment highlights
- Brand New Construction, Multi-Tenant Retail
- Infill Plano Location Amongst Fortune 500 HQs
- 10 Year Terms with Annual Contractual Rent Growth
- Average Home Value $666,863 (within 1 mile)
Listing Contacts
Listed by DUWEST
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,000.00
$22,916.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
R/O-2 CommercialSpecial CommercialRetail And General Office
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View all 188 uses
View all 188 uses Last updated Apr 17, 2026 For deeper zoning details, reports are available at Zoneomics
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