7000 W Plano Pky
Plano, TX 75093

Discover the perfect home for a starting or growing medical practice at the Prestonwood Medical Center, a modern, Class A medical office in the DFW Metroplex. The two-story, 77,800-square-foot office was originally constructed on the 9.32-acre lot in 2004, with plans for a complete renovation to the landscaping, lobby, and common areas. The property offers contemporary medical suites with building and monument signage, a high-volume surface parking lot, and a synergistic surgical anchor tenant, ParkHill Surgery Center. This offer represents the rare limited partnership investment opportunity in Prestonwood Medical Center. This unique medical office opportunity in the Plano Medical District offers move-in ready suites, ideal for a wide variety of medical specialties. This investment would allow medical practitioners to lease space in this facility and own a proportional share of the property’s cash flow without personally managing the property. Given the current positioning of the asset, attractive, outsized returns are projected. Competitive lease rates and substantial tenant improvement packages are offered with the opportunity. Prestonwood Medical Center enjoys direct frontage to W Plano Parkway. It is less than 3 miles from the Dallas North Tollway and President George Bush Turnpike Interchange, near Interstates 35 and 45. This major commercial node sits proximate to a high concentration of nearby hospitals and medical systems, including Texas Health Presbyterian Hospital, Carrollton Regional Medical Center, Baylor Scott & White Plano, and Medical City Plano, making this ideal for any business in the healthcare sector. National retailers within 2 miles of the Prestonwood Medical Center include Costco, LA Fitness, Starbucks, Chipotle, Walgreens, Torchy’s Tacos, and Walmart. The property is just 3 miles from the Shops at Willow Bend, a large indoor mall with a massive revitalization plan currently underway, adding a new 18-story hotel, 960 total apartment units, and over 400,000 square feet of high-end retail space. Plano offers a best-in-class demographic profile within 10 miles of the Prestonwood Medical Center, including a rapidly growing population of over 1,200,000, up 2.4% annually on average since 2010, and daytime employment of over 207,000. These residents command a high average household income of over $118,000, resulting in impressive consumer spending of over $17 billion in 2022, with $758,000,000 spent on the health care industry.