- For Sale $5,500,000
- Property Type Retail
- Property Size 3,420 SF
- Lot Size 1.15 Acre
- Cap Rate % 4.49
- Date Updated Jun 30, 2026
Description
The tenant currently has 12+ years remaining on their initial lease with 3 (5-year) options to extend
The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation
Situated as an outparcel to a Walmart Supercenter
Located along Coit Rd which averages 56,800 VPD
The site benefits from nearby direct on/off ramp access to George Bush Turnpike, a major thoroughfare that averages 136,500 VPD
The asset is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Target, Home Depot, Costco, and more
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Contacts
Matthew Mousavi
SRS Real Estate Partners
Patrick Luther
SRS Real Estate Partners
Patrick Nutt
SRS Real Estate Partners
Location
Located at 433 Colt Rd, Plano, TX 75074, this property is part of the Santa Fe Estates neighborhood and Dallas Fort Worth market.
Contact 433 Colt Rd
