Manley Real Estate Brokerage
3909 Camp Bowie Blvd
Fort Worth, TX 76107
$3,500,000
( )
$18,789 est/mo Sourced by Back At You3180 Eldorado Parkway , McKinney, TX 75070
McKinney, TX 75070
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.
Details
| MLS# | 20734824 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 21 |
| Listing Provided By | M&D Real Estate | Ross Miller |
Features
| SQ Feet | 12,000 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | Commercial |
| Acreage | 1.10 |
Market Activity 75070
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Learn More About This Property
| State | TX |
|---|---|
| County | Collin |
| City | McKinney |
| Zip Code | 75070 |
| Area | Collin |
| Community Name | Highlands Add |
| Listing VS Median (in Highlands Add) | |
Price: $3,500,000 low | high Med: $505,000 SqFt: 12,000 low | high Med: 2,919 $ / SqFt: $292 low | high Med: $173 On Site: 21 low | high Med: 249.000000 | |
Listing Updated: October 7, 2024 at 7:00:43 PM PDT
