Office Space
2701 W Plano Pkwy Plano, TX 75075
Details & Description
Price: $16,500,000
    Plano, Texas was ranked as 2019's best places to find a job at a time when the unemployment rate is at an 18-year low of 3.7 percent. Plano was the only Texas city to rank in the top 10.Excellent frontage along Plano Parkway with easy access to 190 and Hwy 75Ideal location 10 miles from the new $1B Toyota US Headquarters and 4 miles from State Farm’s massive CityLine Campus.High quality tenants: Teradyne (NASDAQ), DENSO International America (25% owned by Toyota), corporate headquarters for Republic Title and more.Stable tenants with a history of 10-year leases.Current Ownership has spent in excess of $3.34M in capital improvements and tenant improvements over the past 3 years. The building is in exceptional condition.Plano Parkway Business Center is 100% leased.Plano's workforce exceeds 300,000 within a 30-mile radiusAccess to a highly-educated workforce is one of Plano's strengths. Evidence ofthis is the steady migration of prominent companies to Plano.The landscaped areas are fully irrigated.Visionary companies quickly discover that Plano’s smart workforce is key to their success.The City of Plano is ranked #9 for National Job GrowthPlano is the 6th largest city in Texas and 69th largest city in the United StatesInvestors stand to benefit from future renewals of existing tenants.
    Listing Agents
    Steve Fithian

    O: 817-288-5524
    M: 817-312-1388
    steve.fithian@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2701 W Plano Pkwy

    Plano, TX 75075

    Listing ID: 167258
    • 2701 W Plano Pkwy Plano, TX 75075 | for Sale | Photo 1
    • 2701 W Plano Pkwy Plano, TX 75075 | for Sale | Photo 2
    2701 W Plano Pkwy | for Sale | Thumbnail 1
    2701 W Plano Pkwy | for Sale | Thumbnail 2
    Building Size: 113,299 SF
    Lot Size: 8.758 AC
    Land Size: 381,498 SF
    Building $/SF: $145.63
    Land $/SF: $43.25
    Price
    $16,500,000
    Description
    Plano, Texas was ranked as 2019's best places to find a job at a time when the unemployment rate is at an 18-year low of 3.7 percent. Plano was the only Texas city to rank in the top 10.Excellent frontage along Plano Parkway with easy access to 190 and Hwy 75Ideal location 10 miles from the new $1B Toyota US Headquarters and 4 miles from State Farm’s massive CityLine Campus.High quality tenants: Teradyne (NASDAQ), DENSO International America (25% owned by Toyota), corporate headquarters for Republic Title and more.Stable tenants with a history of 10-year leases.Current Ownership has spent in excess of $3.34M in capital improvements and tenant improvements over the past 3 years. The building is in exceptional condition.Plano Parkway Business Center is 100% leased.Plano's workforce exceeds 300,000 within a 30-mile radiusAccess to a highly-educated workforce is one of Plano's strengths. Evidence ofthis is the steady migration of prominent companies to Plano.The landscaped areas are fully irrigated.Visionary companies quickly discover that Plano’s smart workforce is key to their success.The City of Plano is ranked #9 for National Job GrowthPlano is the 6th largest city in Texas and 69th largest city in the United StatesInvestors stand to benefit from future renewals of existing tenants.
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Plano History of Office Space for Sale

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    Plano Area Market Trends

    Listing Demographics for 2701 W Plano Pkwy Plano, TX 75075

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,284108,693334,995
    Population Median Age424039
    Population by Age0-9 Yrs775 (8%)11386 (10%)38807 (11%)
    10-19 Yrs1004 (10%)12073 (11%)40041 (11%)
    20-29 Yrs1623 (17%)18778 (17%)49478 (14%)
    30-39 Yrs1268 (13%)14894 (13%)49761 (14%)
    40-49 Yrs1113 (11%)12544 (11%)42420 (12%)
    50-59 Yrs938 (10%)13621 (12%)45528 (13%)
    60-69 Yrs1019 (10%)12618 (11%)37560 (11%)
    70+ Yrs1544 (16%)12779 (11%)31400 (9%)
    Median HH Income$74,082$76,844$77,877
    Total Household Income< 24K617 (15%)7082 (16%)17256 (13%)
    25-49K571 (14%)7136 (16%)23609 (18%)
    50-74K798 (20%)6984 (16%)22407 (17%)
    75-99K564 (14%)5153 (11%)15828 (12%)
    100-199K1035 (26%)12221 (28%)35436 (27%)
    200K+322 (8%)4587 (10%)15652 (12%)
    Highest Education LevelNo Diploma396521318899
    Diploma or GED731876931245
    Some College14311427644669
    Assoc. Degree400481514429
    Bachelors Degree24102585176511
    Higher Degree12171644445900
    Total Housing Units4,20346,459139,623
    --Owner-Occupied2,05824,05573,254
    --Renter-Occupied1,85019,10756,934
    Owner-Occupied Values< 100K618683136
    100-199K404482716870
    200-299K1054874321997
    300-399K371577214718
    400-499K12924787574
    500K+3913688959
    Total Working Age Population8,06490,716273,000
    In Work Force5,19160,252189,841
    Not In Work Force2,87230,46483,160
    Workforce Employed5,00757,528181,710
    Workforce Unemployed1842,7027,937
    Civlian Workforce5,19160,230189,647
    Military Workforce023194
    Total Households3,90743,163130,188
    Family Households2,23327,33285,333
    Non-Family Households1,67415,83144,855
    Married Couple1,71821,61266,554
    Other Family5155,72018,778
    Married w/Child5978,30327,736
    Single Male w/Child456772,324
    Single Female w/Child1922,0857,576

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Dallas County2,218,899+72,368,139+152,734,111+143,106,298
    Collin County491,675+59782,341+331,039,369+341,391,461

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2701 W Plano Pkwy in Plano?
    The asking price for 2701 W Plano Pkwy is $16,500,000
    What is the building size of this Office property in Plano, TX?
    The size of the building/unit at 2701 W Plano Pkwy in Plano is 113,299 square feet
    How much land does the Plano, TX property at 2701 W Plano Pkwy include?
    2701 W Plano Pkwy in Plano includes 8.758 acres of land
    What is the population within 1 mile of 2701 W Plano Pkwy in Plano?
    The population within 1 mile of 2701 W Plano Pkwy Plano, TX 75075 is 9,284 people.
    Who do I contact for questions about 2701 W Plano Pkwy?
    You should contact the listing agent, Steve Fithian, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Love Field (DAL) 13
    Dallas Fort Worth International Airport (DFW) 19
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 121
    Price
    $16,500,000
    Listing Agent
    More listings from Steve Fithian
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