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TROPHY REAL ESTATE | TOP TEXAS INTERSECTION 2065 Preston Rd 11,932 SF 100% Leased Retail Building Plano, TX 75093 $37,279,893 CAD ($3,124.36 CAD/SF) 4.75% Cap Rate



Investment Highlights
- Rare opportunity to acquire a dual tenant corporate ground lease investment secured by Bank of America and Wild Fork Foods.
- Located within a high performing Whole Foods anchored retail corridor in West Plano, surrounded by Trader Joe’s, Market Street and national retailers.
- Situated at the signalized intersection of Preston Road and West Park Boulevard with over 87,000 vehicles per day, offering exceptional visibility.
- Both leases are structured as absolute NNN ground leases, eliminating landlord responsibilities while providing contractual rent increases.
- Recently completed construction in 2023 and 2024 delivers tenant specific high quality improvements, reinforcing long term commitment.
Executive Summary
Rare opportunity to acquire a dual tenant corporate ground lease investment secured by Bank of America and Wild Fork Foods, delivering diversified income backed by investment grade credit and strong in place deposits.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,932 SF
Building Class
B
Year Built
2024
Price
$37,279,893 CAD
Price Per SF
$3,124.36 CAD
Cap Rate
4.75%
NOI
$1,770,795 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.22 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bank of America
- Retailer
- -
- -
- Triple Net
- -
- Wild Fork
- Retailer
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bank of America | Retailer | - | - | Triple Net | - | |
| Wild Fork | Retailer | - | - | Triple Net | - |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 10
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TROPHY REAL ESTATE | TOP TEXAS INTERSECTION | 2065 Preston Rd
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