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5601 Virginia , McKinney TX 75071

  • $4,100,000
  • 20272378
  • Property ID
  • Commercial
  • Property Type
  • 11187
  • sqft

Overview

Property ID: 20272378
  • 20272378
  • Property ID
  • Commercial
  • Property Type
  • 11187
  • sqft

Description

MLS ID: 20272378

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.

 

Listing by: RE/MAX Associates of Mansfield, Renee Hudson

 

Address

  • Address 5601 Virginia
  • City McKinney
  • State/county TX
  • Zip/Postal Code 75071
  • Country US

Details

Updated on February 21, 2024 at 8:03 pm
  • Property ID: 20272378
  • Price: $4,100,000
  • Property Size: 11187 sqft
  • Property Type: Commercial
  • Property Status: Active

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