Property Details
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Beth Shearon
Peerless Realty Group
License number: 0567728
mobile: (817) 408-5432
www.bethshearon­tx.net
1208 E Fall Creek Hwy
Granbury, TX 76049
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5601 Virginia Parkway, McKinney, Texas 75071, USA
List Price: $4,000,000
Sale price per sqm: 3,848.72 $
Status: ACT
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MLS#: 20272378
Property type: Commercial for sale, Office
Property Size: 11,187 sqft (1,039.272 m2)
Land size: 1.15 sqft (0.11 m2)
Building Size: 11,187 sqft (1,039.3 m2)
Property Details
2000 Year Built:
Brick Construction:
Resale Condition:
Handicapped Features Property Features:
Carpet Floors:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
Parking Lot Parking type:
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.

Listing by: RE/MAX Associates of Mansfield
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