4011 W PKWY # 127 Plano TX 75093

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale the fee simple ownership interest in 4011 West Plano Parkway, in Plano, Texas. The property’s major tenants include a mixture of medical and logistic office tenants including SeaLink International Inc. a chiropractic specialist, clinical psychologists, a weather forensic company, and a State Farm Insurance agent office.

The multi-tenant office building was built in 1983 and is well maintained. This property has a history of consistent cash flow, making it an attractive opportunity for an investor looking to retain a high-quality asset with consistent returns. The property's location is an attractive submarket for out-of-state companies relocating to the North Texas area which has only increased demand for office space.

The multi-tenant, office building contains a total of 29,495 square feet of rentable area and is conveniently located approximately one mile from the President George Bush Turnpike, allowing for easy access to the property. West Plano Parkway sees high traffic counts of approximately 22,829 vehicles per day. The property benefits from strong demographics, serving a five-mile population of approximately 354,974 residents with a one-mile average household income exceeding $111,926.

• 9.18% CAP Rate based on actual 100% occupancy

• 12.17% Cash on Cash Return

• Einstein School showed its commitment to the subject property as they extended their lease and expanded

• Priced Below Replacement Cost at $133.92 psf

• Seller Installed New Roof in 2018

• All New HVAC Installed in 2020 and 2021

• Positioned Directly off Plano Parkway, Near Coit Road

• Ideally Accessible to President George Bush Turnpike and Dallas North Tollway

• Densely Populated Area with 354,974 Residents Within Five Miles