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$ 3,500,000
Est. payment /mo
Active
3180 Eldorado Parkway Mckinney, TX 75070
1.1 Acres Lot
UPDATED:
10/08/2024 12:48 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Highlands Add
MLS Listing ID 20734824
Total Fin. Sqft 12000
Year Built 2006
Lot Size 1.097 Acres
Acres 1.097
Property Description
We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 85% leased 12,000 square-foot retail complex consists of five tenants and features a 6.47% Cap Rate Pro Forma. With leases extending through 2034 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.
Location
State TX
County Collin
Zoning Commercial
Direction Get on I-30 W Follow I-30 W, President George Bush Tpke W and US-75 N to S 75 Central Expy US Hwy 75 S in Fairview. Exit from US-75 N Continue on N Central Expy to your destination in McKinney
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Other
Garage No
Building
Lot Description Acreage, Cleared
Foundation Slab
Structure Type Other
Others
Ownership See Tax Roll
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Listed by Ross Miller • M&D Real Estate