$435,000
For more information regarding the value of a property, please contact us for a free consultation.
5.5 Acres Lot
SOLD DATE : 05/10/2023
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Southern Hills Office Park Condos
MLS Listing ID 20283234
Sold Date 05/10/23
Total Fin. Sqft 1150
Year Built 2017
Annual Tax Amount $7,426
Lot Size 5.498 Acres
Acres 5.498
Property Description
Excellent Investor Property with a strong tenant. Increasing rent schedule over the next three years giving a third year CAP rate of 5.16% . This office condo has a superior location in McKinney near the Hwy 121 growth corridor, 1,150sf of upscale office space. Nicely appointed interior with functional floor plan. Private Entrance, reception, break room, conference room or 4th office. ADA restroom located off the main hallway leading to 3 private offices. Crown molding through-out. 9 & 11 foot ceilings. Large windows & 2” blinds provide natural light. Attractive stone and brick exterior. Security System.
Location
State TX
County Collin
Zoning Professional Office or Medical
Direction From Hwy 121 travel north on Custer. Turn right (east) on Collin McKinney Pkwy. The Southern Hills Office Park I will be on your right. Locate building 9 and suite 904.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water, Community Mailbox, Concrete, Curbs, Sidewalk, Underground Utilities
Roof Type Composition
Parking Type Open
Garage No
Building
Lot Description Interior Lot, Landscaped
Foundation Slab
Structure Type Brick,Rock/Stone,Wood
Others
Ownership My Home Real Estate Management LLC
Financing Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 North Texas Real Estate Information Systems.
Bought with Susan Hanson • Stonebriar Realty Group
GET MORE INFORMATION
Realtor | License ID: 0578764