Properties

Property Description

100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.25% 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.

Features
: Central, Electric
Address Map
USA
TX
Collin
McKinney
Joplin Acres
75071
Virginia
5601
5533
0
W97° 18' 31''
N33° 11' 53.2''
0
Additional Info
: City water, City sewer
$0
: Carpet
Renee Hudson
RE/MAX Associates of Mansfield
R419000A00301
: Parking Lot
Commercial Sale
: Composition
Active
11,187 Sqft
50,094 Sqft
Parkway
Office / Medical
0
0
0
0642340
RMAX01MA

Office For sale

5601 Virginia, McKinney, Texas 75071

11,187 Sqft
$4,000,000
MLS Number #20272378
Basic Details
Property Type : Office
Listing Type : For sale
MLS Number : 20272378
Price : $4,000,000
Square foot : 11,187 Sqft
Year Built : 2000
Acreage : 1.15 Acre
Status : Active
Agent info
Pam Matlock
101C North Greenville Ave #306
Contact Agent