First Place

Explore an exceptional investment opportunity in the heart of Coppell with First Place Business Center. This distinguished retail, medical, and office plaza, spanning approximately 32,709 sqft, is strategically positioned along the major artery of the city at 580 S. Denton Tap Rd.
Key Features:
Stability and Occupancy: Boasting a solid 100% occupancy, First Place Business Center is home to a diverse range of tenants, with a predominant focus on medical and educational businesses. This strategic composition, known for its stability, includes the anchor tenant, Texas Health Resources, in occupancy since 2009, constituting 29.5% of the building's Gross Leasable Area (GLA). The center's stability is further reinforced by a history of high tenant retention.
Strategic Location: Enjoy excellent visibility along S. Denton Tap Rd, a major thoroughfare connecting to N. Denton Tap and S. Belt Line. The property bridges the gap between major throughfares I-635 & Sam Rayburn Tollway, enhancing accessibility and exposure.
Financial Performance: With strong and consistent lease commitments, including robust yearly increases, this plaza provides a secure and reliable income stream. Investors can capitalize on the stability of long-term tenants and a track record of high retention.
Roof Replacement (2019): The entire roof was meticulously replaced in 2019, ensuring structural integrity and minimizing future maintenance costs.
Thriving Business Community: Positioned within the thriving business community of Coppell, the property leverages the city's economic growth and potential for sustained development.
Seize this opportunity to invest in a property that combines stability, strategic location, and a tenant mix proven for reliability. First Place Business Center stands as a prime choice for investors seeking a secure and dynamic asset in the flourishing market of Coppell, TX.