1. Texas
  2. Mckinney
  3. 5601 Virginia Parkway
$3,800,000

5601 Virginia Parkway, Mckinney, TX 75071

  • 11,187 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon1.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $340/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

100% LEASED AT CLOSING WITH SELLER LEASEBACK IF BUYER REQUESTS!!! 7.63% 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 $17 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 Status:
Active
Listing Office:
RE/MAX Associates of Mansfield : 817-473-7700
Listing Agent:
Renee Hudson : 682-300-5422
MLS ID:
20272378
  • Flooring: Carpet
  • A/C: Central AirElectric
  • Heating: CentralElectric

This listing courtesy of Renee Hudson, RE/MAX Associates of Mansfield

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Minshew Elementary School

300 Joplin Dr, McKinney, TX, 75071

Grades KG-5

0.18 miles away

D

Dowell Middle School

301 S Ridge Rd, McKinney, TX, 75072

Grades 6-8

0.28 miles away

M

McKinney Boyd High School

600 N Lake Forest Dr, McKinney, TX, 75071

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

3180 Eldorado Parkway, Mckinney, TX 75070
Commercial Property

$3,500,000

  • 12,000 sqft |
  • 1.1 acre lot
3180 Eldorado Parkway Mckinney, TX 75070

#20734824 - M&D CRE, LLC