UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Keller Williams Add Ph 1
MLS Listing ID 21173346
Total Fin. Sqft 22334
Year Built 2018
Annual Tax Amount $138,922
Lot Size 2.400 Acres
Acres 2.4
Property Sub-Type Office
Property Description
The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026,
based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Income
based on a $10,500,000 price the Cap Rate is 5.6%.
There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale. MLS 21170840.
Location
State TX
County Collin
Zoning Commercial
Direction Located on Preston Rd. north of Collin County Outer Loop
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Ceramic Tile
Heat Source Central, Natural Gas
Exterior
Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities
Roof Type Built-Up,Metal
Garage No
Building
Lot Description Acreage
Foundation Slab
Structure Type Brick
Others
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21173346
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