±10.75 Acres
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W President George Bush W Plano Parkway Independence Pkwy ±10.75 acres E N S W For additional information: Nick Hayden Director 214.438.6488 For Sale [email protected] Jonathan Carrier Director 214.438.6521 ±10.75 acres [email protected] 660 Data Drive W Plano Parkway at Independence Parkway Plano, Texas 75075 THE OPPORTUNITY You are invited to review this well positioned, shovel ready, office and medical development site in Plano Texas. Located in one of the most affluent cities in the Dallas/Fort Worth Metroplex, this 10.75 acre tract is strategically located at the intersection of George Bush Freeway and Independence Parkway; and is also accessed via Plano Parkway, which is a ±10.75 acres major East/West thoroughfare. The existing zoning, PD-381-R/O-2 allows General Office/Retail which includes mid-rise Office not to exceed 25 Floors (360 feet). With approximately 730 feet of frontage on Lotus Drive, the site is sufficient to allow a wide range of developments, and most allowed uses can be physically placed on the site without any unreasonable hinderances. With the significant number of large employers locating to Plano, growth is inevitable as new residents fuel demand across all property types for the foreseeable future. IMMEDIATE AREA DEMOGRAPHICS EXCELLENT ACCESS TO AIR, LIGHT RAIL, Five- One-Mile Three-Miles PUBLIC TRANSIT AND ROADS Miles Plano’s location in the Central Time Zone and close proximity Population to DFW International Airport allows same-day departure and return for both the East and West Coasts. 2018 Population: 10,202 149,372 399,324 DFW International Airport, the world’s fourth busiest in flight operations, is the hub of American Airlines. 2023 Population: 12,059 168,567 445,320 • Fly to every city in the continental U.S. within four hours. Pop Growth 2018-2023: 18.20% 12.85% 11.52% • Non-stop service to 168 domestic and 57 international destinations. Average Age: 60.80 40.70 38.80 • Served by 27 passenger airlines and 23 cargo carriers. Households • 30 minutes from Plano with direct access from both the President George Bush Turnpike and the Sam Rayburn 2018 Households 4,604 60,859 163,279 Tollway. HH growth 2018=2023 17.48% 12.22% 11.03% Dallas Love Field: Located seven miles from downtown Dallas, and only 30 minutes from Plano, it serves 15.6 million Median HH income $69,088 $77,781 $73,660 passengers a year. Average HH size 1.8 2.2 2.3 Addison Airport and McKinney National Airport are 15 minutes from Plano. Addison Airport is the third largest 2018 average HH vehicles 1 2 2 general aviation airport in the nation. Dallas Area Rapid Transit (DART) provides light rail service Housing at two rail stations. Bus and shuttle service are available Median home value $271,090 $291,814 $284,924 throughout the city. Highways: Plano contains within its boundaries SH 190 Median year built 2008 1987 1988 (President George Bush Turnpike), Dallas North Tollway, US 75 (Central Expressway) and SH 121 (Sam Rayburn *Estimates Tollway). Interstates 20, 30, 35 and 635 are within 30 minutes. A GLOBAL BUSINESS CENTER Plano, Texas, located 19 miles north of downtown Dallas, is the fourth-largest city in the Dallas-Fort Worth region with over 279,000 residents. 7.2 million DFW Population 3.8 million DFW Labor Force 939,585 Collin County Population 279,088 Plano Population 72 square miles Land Area $85,085 Median Household Income 55% 17% 6 $43,579 Per Capita Income 38.5 bachelor’s Decennial Fortune Median age 1000 head- $248,800 Median Home Price degree+ population quarters Fortune 1000 Headquarters JCPenney Alliance Data Systems Yum! China Holdings Dr Pepper Snapple Group Rent-A-Center Cinemark Holdings Largest private employers • Capital One Finance • Texas Health Plano • JPMorgan Chase • The Heart Hospital Baylor • DXC Technology • Medical City Plano • Cigna • Raytheon • Bank of America Home Loans • PepsiCo • nThrive • Children’s Health • Ericsson • Dr Pepper Snapple Group • Abbott • CVE Technologies Group • Toyota Motor North America • FedEx Office • At&T • Pizza Hut, US • Frito-Lay • Nokia • Baylor Scott & White • Crossmark • JCPenney • McAfee • Tyler Technologies • NTT Data • Liberty Mutual Insurance • Rent-A-Center United Healthcare Independence Pkwy ±10.75 acres AT&T Foundry DirectTV Wells Fargo LA Fitness Subway Bank of Texas Frost Bank Chipotle McDonalds Taco Bell Sonic Sam’s Club Central Market Residence Inn Insight The Village at Mapleshade Atmos Energy Nokia AT&T USPS N W Plano Parkway CITY OF PLANO BUSINESS CLIMATE BUSINESS QUICK FACTS A pro-business location in a pro-business state • No personal or corporate income tax in Texas • Right-to-Work state • Pro-business regulatory environment • “AAA” Bond Rating - City of Plano Local Incentives • Cash Grants • Tax Abatement • Freeport Exemption State Incentives • Texas Enterprise Fund (TEF) • Texas Enterprise Zone Program • Skills Development Training Grants POPULATION & POPULATION GROWTH 2000 2010 2018 Growth Plano 222,030 259,841 279,088 17% Collin County 491,675 782,341 939,585 59% Dallas-Fort Worth 5,161,544 6,520,941 7,233,323 23% CITY OF PLANO EDUCATION The Plano Independent School District (PISD) has long played a vital role in Plano’s economic success. Its reputation for excellence continues to lure professional families and, in turn, companies to Plano. 53,952 Enrollment 72 Schools 1720 SAT composite 25.6 ACT composite 28 US Presidential Scholar Program Candidates 121 National Merit Scholar Semi-Finalists • Rated exemplary on all reported academic indicators to date • 27 National Blue Ribbon Schools • Awarded the highest rating of Superior Achievement in the state’s FIRST program for 15 consecutive years For additional information: Nick Hayden Director 214.438.6488 For Sale [email protected] Jonathan Carrier Director 214.438.6521 ±10.75 acres [email protected] 660 Data Drive W Plano Parkway at Independence Parkway Plano, Texas 75075 .