Listed by NNN Retail Advisors
$4,500,000
Coit/McDermott Retail Center - Plano, Texas
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 11,420
Net Rentable (SqFt) 11,420
Cap Rate 6.75%
NOI $303,750
Occupancy 100%
Tenancy Multi
Brand/Tenant Republic Title, Ebby Halliday
Lease Type NNN
Remaining Term 1.5
Lease Options None
Price per SqFt $394
Year Built 2004
Buildings 1
Acreage 1.110
Zoning Retail
Investment Type Value Add
Ground Lease No
Retail center in Plano (DFW) with leased income and future value-add potential.
Marketing description
Strategically located along Coit Road with excellent visibility and access just south of the intersection of Coit & McDermott and Highway 121 (Sam Rayburn Tollway).
The property benefits from strong traffic counts, dense residential neighborhoods, national retailers, and an affluent demographic base.
Investment highlights
- Prime North Plano Retail Location on Coit Road
- Two-Tenant Retail Building
- In-Place Income with Future Repositioning Upside - Lease Negotiations and Re-Tenant
- Market Options Remaining for Republic Title - Lease Expires 12/31/2027
- Ebby Halliday Lease in Place - Premises Vacated - Lease Expires 12/31/2027
- Opportunity to Backfill 7,550 SF at Market Rents
- Excellent Visibility & Monument Signage
- Adjacent to CVS Pharmacy
- Strong Demographics in Affluent North Plano
Listing Contacts
Listed by NNN Retail Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$303,750.00
$25,312.50/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
Map
Zoning
R CommercialRetail CommercialRetail
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View all 188 uses Last updated Apr 17, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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