Preston Park Center — Lease in Plano, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Plano, TX 75093
Photos

Description
Sublease Opportunity in Preston Park Center 4701 Old Shepard Pl is located in the Preston Park Center in Plano, Texas.
Market Context
This retail in Plano, TX is listed for lease. Compare it against other retail listings for lease 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 space leases 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).
Estimated Market Rate
$1.28/SF/mo – $1.83/SF/mo
Mid: $1.56/SF/mo
Contact
- Corey Glasscock · corey.glasscock@cbre.com
- Jad Charif · 214 600 5172 · jad.charif@cbre.com
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