Park Ventura - 5025 W Park Boulevard
5025 W Park Boulevard, Plano, TX 75093
Marketing description
Younger Partners, as exclusive advisor, is pleased to present 5025 Park. A compelling owner-occupant opportunity in thriving Plano, TX, the building offers retail level exposure and prominence. Situated along heavily traveled Park Boulevard east of Preston Road, the Property is proximate to one of North Texas’ most significant residential populations. The nearby rooftops fuel demand in the building from operators that feed off the neighborhood community. 5025 Park is walkable to an array of restaurants, a variety of shopping destinations and a wealth of affluent rooftops.
Available as-is, 5025 Park was built in 1999 and most recently renovated in 2024. The Property features a professional exterior with clean architectural lines, ample signage opportunities, and convenient on-site parking (nearly 6/1,000). 5025 Park is comprised of 21,110 square feet and has been demised to three suites. Currently, 5,200 square feet can be made available and is suited to a variety of uses. The balance of the building is leased to two tenants (medical and retail) with a WALT of more than 3 years. The tenancy offers a reliable stream of income that will greatly reduce occupancy cost for a user buyer. Located in a highly accessible area with close proximity to major roads, dining, and services, this property presents an excellent opportunity for a business owner to establish a long-term community presence while building equity and enjoying the benefits associated with ownership
The building is located with convenient accessibility to Preston Road, The Dallas North Tollway, Legacy, George Bush Turnpike and Central Expressway. This prime location provides walkability to the amenity rich Preston Park Colonnade, Polo Towne Crossing and the premier restaurant and retail options on Park Boulevard and Preston Road. Plano is one of the country’s fastest growing suburban communities. The growth continues to be exponential as Plano remains the preferred destination for corporate relocations into the DFW Metroplex.
Investment highlights
- Fully amenitized environment:
- Highly walkable to dining and shopping opportunities
- High-end residential and quality of life amenities
- Over 16,000 cars per day passing by
- Secure in-place occupancy:
- 3.5 year weighted average lease term
- Existing medical and retail tenancy
- Secure and stable revenue and income
- Owner occupancy opportunity:
- 5,200 square feet end cap suite available for owner user
- Significant reduction in occupancy cost
- Tax and depreciation value through ownership
- Institutional ownership:
- Limited near-term capital
- New roof in 2020 & all new hvac in 2022/2024
- Destination location:
- Prominent location with high visibility and signage
- Skilled workforce, major employers and decision makers
- Main and main location (16k cars per day)
- Proximate to the Dallas north tollway and bush turnpike
- Superior 1-3 mile demographics:
- 54,000 households (2.4% growth rate)
- $112,000 average household income
- $676,000 median home value
- Dfw: top market for investment:
- Over 8 million residents & 345 new residents daily
- Nation-leading job & population growth
- Since 2014 dfw has added over 950,000 jobs
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
