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Independence Medical Center 5501 Independence Pkwy
404 - 11,055 SF of Space Available in Plano, TX 75023
Highlights
- The average household income in Plano is $120,835 with 53% of the population with a college degree.
- As of the most recent census data collected, Plano's population stands at 290,000 and growing year over year.
all available spaces(7)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Mostly Open Floor Plan Layout
- Wheelchair Accessible
This space was formerly an orthodontic clinic. Can be turned around to being a med spa.
- Lease rate does not include utilities, property expenses or building services
- Office intensive layout
- Central Air Conditioning
- Fully Built-Out as Dental Office Space
- Space is in Excellent Condition
- Wheelchair Accessible
Former Training/Physical Therapy Space
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- Private Restrooms
- Open-Plan
- Fully Built-Out as Physical Therapy Space
- 3 Private Offices
- Kitchen
- Drop Ceilings
- Wheelchair Accessible
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Wheelchair Accessible
- Fully Built-Out as Standard Medical Space
- Space is in Excellent Condition
- Office intensive layout
- Wheelchair Accessible
Three private offices with a large reception or conferencing area. Small room for storage or to be used as a break room.
- Lease rate does not include utilities, property expenses or building services
- 3 Private Offices
- Space is in Excellent Condition
- Elevator Access
- Fully Built-Out as Standard Office
- 1 Conference Room
- Central Air Conditioning
- Wheelchair Accessible
- Lease rate does not include utilities, property expenses or building services
- Office intensive layout
- Central Air Conditioning
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Wheelchair Accessible
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 113-117 | 1,229 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Office/Medical | Full Build-Out | Now |
| 2nd Floor, Ste 201 | 4,149 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $6,915 /MO $82,980 /YR | Office/Medical | Full Build-Out | Now |
| 3rd Floor, Ste 310 | 1,667 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $2,778 /MO $33,340 /YR | Office/Medical | Full Build-Out | Now |
| 3rd Floor, Ste 311 | 404 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $673.33 /MO $8,080 /YR | Office/Retail | Full Build-Out | Now |
| 3rd Floor, Ste 312 | 847 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Office/Medical | Full Build-Out | Now |
| 3rd Floor, Ste 314 | 1,755 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $2,925 /MO $35,100 /YR | Office/Retail | Full Build-Out | Now |
| 3rd Floor, Ste 320 | 1,004 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $1,673 /MO $20,080 /YR | Office/Retail | Full Build-Out | Now |
1st Floor, Ste 113-117
| Size |
| 1,229 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor, Ste 201
| Size |
| 4,149 SF |
| Term |
| Negotiable |
| Rental Rate |
| $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $6,915 /MO $82,980 /YR |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 310
| Size |
| 1,667 SF |
| Term |
| Negotiable |
| Rental Rate |
| $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $2,778 /MO $33,340 /YR |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 311
| Size |
| 404 SF |
| Term |
| Negotiable |
| Rental Rate |
| $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $673.33 /MO $8,080 /YR |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 312
| Size |
| 847 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 314
| Size |
| 1,755 SF |
| Term |
| Negotiable |
| Rental Rate |
| $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $2,925 /MO $35,100 /YR |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 320
| Size |
| 1,004 SF |
| Term |
| Negotiable |
| Rental Rate |
| $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $1,673 /MO $20,080 /YR |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 113-117
| Size | 1,229 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Wheelchair Accessible
2nd Floor, Ste 201
| Size | 4,149 SF |
| Term | Negotiable |
| Rental Rate | $20.00 /SF/YR |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
This space was formerly an orthodontic clinic. Can be turned around to being a med spa.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Dental Office Space
- Office intensive layout
- Space is in Excellent Condition
- Central Air Conditioning
- Wheelchair Accessible
3rd Floor, Ste 310
| Size | 1,667 SF |
| Term | Negotiable |
| Rental Rate | $20.00 /SF/YR |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Former Training/Physical Therapy Space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Physical Therapy Space
- Open Floor Plan Layout
- 3 Private Offices
- Space is in Excellent Condition
- Kitchen
- Private Restrooms
- Drop Ceilings
- Open-Plan
- Wheelchair Accessible
3rd Floor, Ste 311
| Size | 404 SF |
| Term | Negotiable |
| Rental Rate | $20.00 /SF/YR |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air Conditioning
- Wheelchair Accessible
3rd Floor, Ste 312
| Size | 847 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Space is in Excellent Condition
- Wheelchair Accessible
3rd Floor, Ste 314
| Size | 1,755 SF |
| Term | Negotiable |
| Rental Rate | $20.00 /SF/YR |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Three private offices with a large reception or conferencing area. Small room for storage or to be used as a break room.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- 3 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Central Air Conditioning
- Elevator Access
- Wheelchair Accessible
3rd Floor, Ste 320
| Size | 1,004 SF |
| Term | Negotiable |
| Rental Rate | $20.00 /SF/YR |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Office intensive layout
- Space is in Excellent Condition
- Central Air Conditioning
- Wheelchair Accessible
Property Overview
Independence Medical Center ("IMC") is a multi-tenant,3-story medical office building well located in the heart of Plano, TX at the hard corner of Independence Parkway and Spring Creek Boulevard. The property was built in 1986 and renovated in 2019-2020. IMC has approximately 57,478 SF and sits on 3 acres of land surrounded by retail, residential, and nearby hospitals. The property currently has 28 suites and a large atrium with a glass skylight offering tons of natural light. Upon, acquisition, current ownership spent significant capital waterproofing the building, improving the landscaping, and modernizing the restrooms and lobby by adding new flooring, lighting, furniture, wall decor, good walls, and a digital directory. IMC is near several hospitals: 5.2 miles from Baylor Scott & White, The Heart Hospital - Plano,3.6 miles to the Medical City of Plano,and 5.1 miles to TexasHealth Presbyterian Hospital of Dallas. Most tenants are currently on NNN leases and the property sits at about 83%occupancy. There is significant room to improve the performance of the asset by filling the remaining vacancies. Independence Medical Center is being offered for sale on a fee-simple, free, and clear basis. *Rooftop rights were sold by a previous **Listing broker has an ownership interest in this property
- Atrium
- Signage
- Natural Light
- Air Conditioning
PROPERTY FACTS
SELECT TENANTS
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- Tenant Name
- Industry
- 2nd
- Smiles by Morel
- Health Care and Social Assistance
-
Jerad Rector -
Worldwide Commercial, PLLC
Presented by
Independence Medical Center | 5501 Independence Pkwy
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