www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32202780
32202499

3304 Alma Drive, Plano, TX 75023 For Sale

KH
TX TX 755222
JLL Austin
Listed by JLL Austin
$1,266,540
79 days on market
Updated 79 days ago

NextCare Urgent Care - Plano, TX (Alma Dr)

Details
APN R-0583-001-0040-1
Property Type Retail
Sub Type Pharmacy/Drug, Urgent care (+1)
Square Footage 3,650
Units 1
Cap Rate 7%
NOI $88,658
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 27
Lease Expiration 08/31/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options 1 x 5 Year Options
Year Built 1983
Stories 1
Acreage 0.200
Investment Type Net Lease
Lease Commencement 09/01/2001
Ground Lease No
Sale Condition N/A

Absolute NNN Lease | Infill Dallas Location | 3% Annual Rent Bumps | AHHI OF $145K in a 5-Mi Radius

Marketing description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee-simple interest in a freestanding single-tenant building located at 3304 Alma Drive, Plano, TX. The property is 100% leased to NextCare Urgent Care with ±2.3 of term remaining on an absolute NNN lease that features 2% annual rent increases.

The 3,650 SF building sits on a 0.20-acre parcel and operates as a Baylor Scott & White urgent care clinic, a partnership with NextCare. The tenant has a long operating history at this location of over 25 years. NextCare is a leading national urgent care provider with over 170 clinics, and its partner, Baylor Scott & White, is the largest not-for-profit health system in Texas, providing exceptional strength to the tenancy.

The property is strategically positioned as an outparcel to a shopping center at the intersection of W Parker Road and Alma Drive, with exposure to more than 46,900 vehicles per day. The site serves a dense and affluent market in Plano, a premier city within the Dallas-Fort Worth Metroplex. The immediate area boasts a population of over 326,939 residents and an impressive average household income of $145,899 within a five-mile radius.

This offering provides an investor the opportunity to acquire a well-located medical asset with a long-term, established tenant in the recession-resistant healthcare industry. The absolute NNN lease structure ensures passive income backed by a leading national operator and a premier regional health system.

Investment highlights

  • Absolute NNN lease - ZERO landlord responsibilities
  • Attractive 2% annual escalators
  • Over 25+ years of operating history at this location
  • Baylor Scott & White, a JV partner of NextCare, is the largest not-for-profit health system in Texas, serving 3M+ patients annually
  • Located as an outparcel to a shopping center
  • Densely populated and affluent location, with avg. household income exceeding $145K and over 326K residents in a 5-mile radius
  • On intersection of highly trafficked W Parker Rd and Alma Dr with exposure to over 46,900+ VPD

Listing Contacts

KH
TX TX 755222
JLL Austin
Listed by JLL Austin

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,658.00
$7,388.17/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kirby Hayes
License
TX 755222
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591