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Former CVS Pharmacy 1501 Independence Pky 10,880 SF of Retail Space Available in Plano, TX 75075
HIGHLIGHTS
- Prime location in Plano, Texas
- 200+ feet of signalized intersection frontage
- Exposure to 40,000 vehicles daily
- 10,880 SF of versatile space
- 54 parking spaces & two-lane drive-through
- Ideal for retail, medical, restaurant, or office use
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,880 SF | 5 Years | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $18,133 /MO $217,600 /YR | Triple Net (NNN) |
1st Floor
Recently remodeled former CVS drug store. Ideal for retail, medical, restaurant or office use. Available early 2022!
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- High End Trophy Space
- Drive Thru
- High Ceilings
- Drive- Through
- Large Parking Lot
- Driveway Access to 2 Major Streets
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,880 SF | Gross Leasable Area | 10,880 SF |
| Property Type | Retail | Year Built/Renovated | 1996/2004 |
| Property Subtype | Drug Store |
| Total Space Available | 10,880 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 10,880 SF |
| Year Built/Renovated | 1996/2004 |
ABOUT THE PROPERTY
Discover a prime commercial property in the bustling area of Plano, Texas, a highly populated suburb of Dallas. This versatile space spans 10,880 square feet and is perfectly suited for retail, medical, restaurant, or office use. Built in 1996 and renovated in 2004, the property offers modern amenities and a strategic location. With over 200 feet of frontage at a signalized intersection and exposure to 40,000 vehicles per day, this site ensures maximum visibility. The property includes 54 parking spaces, a two-lane drive-through, and a loading dock, making it ideal for a variety of business needs. The surrounding neighborhood features prominent retailers and schools, further enhancing the property's appeal.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Independence Pkwy | W 15th St, S | 20,648 | 2022 | 0.05 mi |
| Independence Pkwy | Province Pl, S | 18,857 | 2022 | 0.11 mi |
| W 15th St | Independence Pkwy, W | 21,804 | 2022 | 0.11 mi |
| Gables Ct | - | 542 | 2022 | 0.14 mi |
| Linda Ln | Lynbrook Dr, N | 1,498 | 2022 | 0.19 mi |
| W 15th St | Linda Ln, E | 23,142 | 2022 | 0.20 mi |
| Silverwood Ln | W 15th St, S | 1,055 | 2022 | 0.29 mi |
| Stanford Dr | Linda Ln, E | 244 | 2022 | 0.39 mi |
| Silverwood Ln | Newkirk Dr, W | 700 | 2022 | 0.39 mi |
| Stratford Dr | W 15th St, S | 2,581 | 2022 | 0.41 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Building Photo
Drive Thru
Aerial
Aerial
Site Plan