Property Name

Ivy Park Crossing

Percent Leased 100% Leased

Property Description

Ivy Park Crossing is a 12,522 SF retail center located along Highway 75 in the affluent DFW submarket of Plano, Texas. Positioned on 1.02 acres just off Highway 75, the Property is approximately 20 minutes north of Downtown Dallas and approximately 25 minutes east of Dallas/Fort Worth International Airport. Ivy Park Crossing is 100% leased to a complementary mix of restaurant, medical and service tenants which include Gogi Korean BBQ, CBD Kratom, Artcturus Investments & Envision Imaging. As a testament to the strength in the submarket and location, Gogi Korean BBQ recently signed a 5-year lease extension through June 2028. Additionally, 2 of 4 tenants experiencing built-in annual rent escalations during their primary lease terms and rents average $28.75 PSF NNN. The Property benefits from parallel positioning to Highway 75 (194,100+ VPD), masonry construction and a large highly visible two sided pylon sign. Average household income exceeds $112,500 and $127,700 in a 3 and 5 mile radii, respectively. Notable national retailers nearby include Costco Wholesale, Best Buy, At Home, Rooms To Go, Target, Bed Bath & Beyond and Home Depot amongst others.