Style: Office
Year Built: 2000
$4,000,000
5601 Virginia Parkway, McKinney, TX 75071, US
Remarks
100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.25% CAP! REMAX Associates is pleased to present The Virginia Center, a 11,116 SF office building in McKinney, TX. The Virginia Center consists of a 2 building multi-tenant office space situated on approximately 1.15 acres. Built in 2000, the Property features wood framed construction and an ample parking ratio of 4.45 per 1,000 SF. The building is currently occupied by 4 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. Front units 1 and 1A are currently vacant and advertised as for lease for $20 a sqft plus $8 NNN. Owner will master lease the 2 units for 6 months. The Property is ideally-located just east of Ridge Rd, with quick access to HWY 380, US 75, and numerous nearby amenities.Details
MLS#: 20272378Price: $4,000,000
Style: Office
Year Built: 2000
County: Collin
Subdivision: Joplin Acres
Resources
Broker Contact
RE/MAX Associates of Mansfield
2500 E Broad St STE 104
Mansfield, TX, 76063
US
Jody Kautz
817-473-7700
jodykautz@remax.net
Website
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by North Texas Real Estate Information Systems, Inc.
Last updated: 2024-07-22T12:33:08.000-04:00.
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