$3,500,000 - 1± Acres
McKinney, Texas 75070
Description
We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 85% leased 12,000 square-foot retail complex consists of five tenants and features a 6.47% Cap Rate Pro Forma. With leases extending through 2034 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.
Key Features
- Price $3,500,000
- Property Type Commercial Sale
- Acres 1±
- Utilities City Sewer,City Water,Electricity Connected
- City McKinney
- Status Active
Improvements
- Foundation: Slab
- Heating: Central
- Permit internet: 1
- Roof: Other
Other
- City: McKinney
- County: Collin
- State: Texas
- Zipcode: 75070
- Year Built: 2006
- Floors: Concrete
- Subdivision: Highlands Add
Property Map
Directions: Get on I-30 W
Follow I-30 W, President George Bush Tpke W and US-75 N to S 75 Central Expy US Hwy 75 S in Fairview. Exit from US-75 N
Continue on N Central Expy to your destination in McKinney
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