624 Krona Drive
Plano, TX 75074
Krona Business Park is a 45,805 square foot multi-tenant building located at the intersection of Plano Parkway and Krona Drive in Plano, Texas. The property, built in 1986, is a 100 percent occupied office/warehouse with five tenants, each with a 50/50 mix of office finish and warehouse space. Krona Business Park is well located in a desirable sub-market and 100% occupancy has been maintained since 2008.
The property was acquired at a discount due to the fact that its 60% tenant with a lease expiring in January 2018 went through a bankruptcy in 2009 and has an early termination option in April 2015. This acquisition provides income stability in a strong market.
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Westmount Realty Capital