LiNC Commercial Realty is set to break ground on a 35,000 square-foot medical and commercial office building near Granite Park. The three-story development overlooking the busy State Highway 121/ Dallas North Tollway interchange will offer approximately 10,800 square feet of space per floor. There will also be 172 parking spaces spread across the 2.8-acre lot.
“This property is perfectly placed on Parkwood Boulevard near the Plano/Frisco border,” LiNC Founder and President Najdi Rafaty says. “It has close proximity to all the fine dining and entertainment amenities at Granite Park and terrific exposure to both the Dallas North Tollway and Sam Rayburn Tollway.”
Office condos in the commercially zoned Class A medical and professional building will be sold individually. First floor spaces are currently listed for $360/square-foot, while third-level pads are selling for $340.
It’s no secret that this area has become one of the Dallas Fort Worth region’s most dynamic real estate markets. More than 860,000 people now live within 10 miles of the property. Nearby hubs for corporations like Toyota, Liberty Mutual, FedEx Office, and Frito-Lay among others continue to attract new workers from across the country and the globe. With average household incomes topping six figures, analysts believe that the area remains ripe for additional commercial development.
Construction on the cold dark shell of the building is expected to be completed by next year. Those seeking more information on the property or looking to schedule a tour are advised to call Najdi Rafaty at 214-267-9860, or to email her at email@example.com.