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2300 W White Avenue

Mckinney, TX 75071
  • $2,400,000
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 20468736
UPDATED: 66 min ago
$2,400,000
  • 0
    BEDS
  • 1.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

Offered by Janet Clark-Sela of SocialLivingRealEstateBoutique: 214-945-1970.

Description

Welcome to an exceptional real estate opportunity in the heart of McKinney - a fully occupied office building, with serene views, that promises to be a lucrative addition to your portfolio. With the potential to achieve a remarkable 7% cap rate by June 1, 2025, this property is a testament to the promising future of the local market. Currently fully occupied, it provides a stable & immediate stream of income. The diverse tenant mix & long-term leases in place contribute to the stability & growth potential of this investment. This cap rate offers an attractive ROI & promises excellent appreciation potential. Convenient access to major highways 75 & 121 ensure that this office is easily accessible for tenants & clients alike. McKinney National Airport, Dallas Love Field and DFW International are also within a reasonable drive.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jones-Papadopoulos & Co. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Jones-Papadopoulos & Co are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-22T09:42:24.457.
www.jpcsells.com/homes/145039033
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2300 W White Avenue Mckinney, TX 75071

  • Price: $2,400,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 66 min ago
  • MLS #: 20468736
0
Beds
0
Baths
0
½ Baths
1.36
Acres
1999
Built
Neighborhood:
K & K Add
County:
Collin
Area:
Mckinney
Property Description
Welcome to an exceptional real estate opportunity in the heart of McKinney - a fully occupied office building, with serene views, that promises to be a lucrative addition to your portfolio. With the potential to achieve a remarkable 7% cap rate by June 1, 2025, this property is a testament to the promising future of the local market. Currently fully occupied, it provides a stable & immediate stream of income. The diverse tenant mix & long-term leases in place contribute to the stability & growth potential of this investment. This cap rate offers an attractive ROI & promises excellent appreciation potential. Convenient access to major highways 75 & 121 ensure that this office is easily accessible for tenants & clients alike. McKinney National Airport, Dallas Love Field and DFW International are also within a reasonable drive.
Exterior Features

Construction Brick Foundation Slab Lot Description AcreageFew TreesInterior Lot Lot Size Source Assessor Parking Or Garage Parking Lot Road Frontage Type City StreetCurbs/GuttersSidewalk Roof Composition Unit Floor Location 1 Waterfront YN No

Interior Features

Accessibility Features Accessible Approach with Ramp Ceiling Height 8 to10 Feet Cooling Central AirElectric Flooring Luxury Vinyl PlankVaries Handicap YN Yes Heating CentralNatural Gas Sq Ft Gross 8254

Property Features

Building Area Source Assessor Building Area Total 8254.00 Building Use Office Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 List MLSProvider Collin County Association Of Realtors Listing Terms CashConventional Multi Zoning No Municipal Utility District No Net Operation Income 0 Operating Expense Includes Maintenance GroundsTrashUtilities Possession Closing/FundingSubject to Lease Property Type Office Special Notes Aerial PhotoSurvey Available Tenant Pays Common Area MaintenanceElectricityInsuranceTaxesWaterOther Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 21014 Utilities City SewerCity WaterConcreteElectricity Connected Will Subdivide No Zoning Office

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jones-Papadopoulos & Co. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Jones-Papadopoulos & Co are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-22T09:42:24.457.
 
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2770 Main Street
Frisco TX, 75033
Offered by Janet Clark-Sela of SocialLivingRealEstateBoutique: 214-945-1970.