New Offices at Willow Bend Professional & Medical Office Condominiums Owner/Operator and Investment 4601 Old Shepard Place Building #3 Plano, Texas 75093 O: 972.292.1220 W: WWW.LCRTEXAS.COM
MARKET JC Penney Capital One Finance Dr. Pepper Snapple Group FedEx Office & Print Frito Lay Medical Center of Plano AT & T Pepsi-Co Cigna Rent-A-Center St. Jude The Heart Hospital Baylor And many others! Located approximately 20 miles north of Dallas, Plano has evolved from its humble beginnings as prairieland that was once home to herds of bison into one of the top destinations for corporate headquarters in the country. With a population of over 271,000 and a median annual household income of $83,000, Plano has an abundant, educated labor force and a solid average income level. Since the mid 1980 s numerous corporations have chosen Plano as the best city in which to place their corporate, regional, or divisional headquarters. A partial list of those companies includes: The Plano Economic Development Council p r o v i d e s e x c e l l e n t resources for businesses and investors who are i n t e r e s t e d i n t h e o p p o r t u n i t i e s a n d incentives that Plano has to offer. Visit www.planotexas.org to learn more. Infographic, Plano EDC website
PROJECT OVERVIEW Project Composition 19,360 SF of Professional and/or Medical Office Space (divisible to 2,500 SF) Purchase / Sale Price $220/ PSF for shell space Lease Rate $22-$24 PSF NNN Location Willow Bend Office Park East of Preston Road, South of W. Park Blvd. Market Accessibility Plano, Texas (Collin County) Highly accessible from President George Bush Turnpike and Preston Road. Situated on Old Shepard Place east of Preston Road, north of W. Plano Parkway A total of 19,360 SF of office space is available in shell condition for $220 PSF for purchase, which allows the buyer the flexibility to create an income-centric space either as an owner-operator for the entire space, or to allocate a portion of the total space as leasable space to a tenant. Space is divisible to 2,500 SF. The demand for ownership of office condominiums remains strong, since more professionals understand the value of investing in a real estate project that may be utilized not only for owner/operator purposes, but for partial tenancy to assist with debt service income as well.
PROJECT LOCATION & AERIAL VIEW
DEMOGRAPHICS 5-Mile Radius Demographics
SITE PLAN
SITE PLANS & AERIAL Medical Healthcare Professional Willow Bend Office Park offers a synergistic ownership and tenant mix in a professional environment. The proximity to area hospitals and higher education institutions, in addition to the accessibility to toll-ways and major thoroughfares enhances the desirability of this location for both investment and tenancy purposes.
FLOORPLANS The floor-plan shown is based on a shell-condition delivery for a purchase. Shell condition delivery allows the buyer and/or tenant to have the flexibility to build out the space to suit the needs of the occupant. The space is divisible down to 2,500 SF spaces for sale or for lease. Owner/investor would have the option to lease out all or a portion of the total building to a tenant. Build-out options would be at owner/investor s discretion for a tenant.
SUMMARY The New Offices at Willow Bend are of quality construction and are strategically positioned in an established, professional, highly accessible area that is well-maintained. This property is in an ideal environment for a successful, profitable investment. Legacy Commercial Realty, LLC is pleased to present this investment opportunity for your consideration, and we would be honored to facilitate this and other transactions for you in an effort to assist you in achieving your real estate investment objectives. In addition to commercial real estate investment sales, Legacy Commercial Realty, LLC offers a wide range of services including: Corporate & Medical Real Estate Consulting Tenant Representation Project Investment / Landlord Representation Buyer Representation Demographic Studies Development & Consulting Property Management We look forward to working with you! The information and projections contained herein were prepared based on current market conditions and were obtained from sources deemed reliable. Legacy Commercial Realty, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. Consult your advisors. Legacy Commercial Realty, LLC is the exclusive agent for the seller.