5601 Virginia Parkway McKinney Texas 75071

Active

5601 Virginia Parkway McKinney Texas 75071

$4,100,000 - 1± Acres McKinney, Texas 75071
  • Collin County

Description

100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.1% 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.

Key Features

  • Price $4,100,000
  • Property Type Commercial Sale
  • Acres
  • Utilities City Sewer,City Water
  • City McKinney
  • Status Active

Improvements

  • Foundation: Slab
  • Heating: Central,Electric
  • Permit internet: 1
  • Roof: Composition

Other

  • City: McKinney
  • County: Collin
  • State: Texas
  • Zipcode: 75071
  • Year Built: 2000
  • Floors: Carpet
  • Subdivision: Joplin Acres

Property Map

Directions: East on Virginia from Ridge. Property on the right.

Contact Us

This field is for validation purposes and should be left unchanged.

Similar Properties