$4,000,000

5601 Virginia Parkway, McKinney, TX 75071, US

Summary

Style: Office
Year Built: 2000

Moving Quotes

primary photo for 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#: 20272378
Price: $4,000,000

Style: Office
Year Built: 2000

County: Collin
Subdivision: Joplin Acres

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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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