5601 Virginia Parkway

Mc Kinney, TX, 75071

$4,500,000

$402 per ft²
$4,500,000
$402 per ft²
Active
Active
 - For Sale
carpenters-square
11,187 ft²
property_type
Commercial
100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.15% 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 66% occupied by 4 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. 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.
MLS® ID:
20272378
Updated:
3/21/23
Compass
Jeron Howell
Mobile: (469) 323-2366Email: jeron.howell@compass.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet
Cooling
Central Air, Electric
Heating
Central, Electric

Exterior/Building Features

Lot Size
1.15 acres lot
Roof
Composition

Other Property Details

Taxes
$42988
Tax Frequency
per YEAR
Garage
No
Parking
Parking Lot
View
N
County
Collin
Utilities
City Sewer, City Water
Pool
No
Total Stories
1
Sub Agency Compensation
1
Buyer Agency Compensation
3

 

Courtesy of RE/MAX Associates of Mansfield, Renee Hudson 
Listing Contact: 817-473-7700 

Based on information from North Texas Real Estate Information Systems, Inc. as of 3/21/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 12:51 AM UTC, 3/21/23

Compass
Jeron Howell
Mobile: (469) 323-2366Email: jeron.howell@compass.com
Contact