Preston Shepard Place — Sale in Plano, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Plano, TX 75093

Description

Preston Shepard Place have various sized suites available ranging in size from 978 to 36,520 square feet. Located at one of the most dynamic intersections in Dallas, Preston Shepard Place provides 31 acres of a variety of best-in-class anchors and popular fast casual options. The immediate area is a retail destination for the growing Plano Market—and the wider metroplex, thanks to the property’s location minutes from Dallas North Tollway and George Bush Turnpike and 315k+ customers within five miles.

Market Context

This retail in Plano, TX is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Plano, TX — view the full market.

As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per multiple brokerage reports.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

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