5601 Virgina Parkway — Sale in Mckinney, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Mckinney, TX 75071
  • Year built: 2000

Description

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale a fee simple ownership interest in 5601 Virginia Parkway in McKinney, Texas. The property is currently 66 percent occupied with medical tenants and producing a substantial net operating income along with a vacant space to increase revenue for the savvy investor. Currently, there are two suites available for immediate use, including 2,000 square feet and 1,686 are available for a buyer wishing to occupy the space and receive rental income from surrounding tenants. The subject property was built in 2000 for medical office use and contains a total of 11,116 square feet of rentable space. The property is priced well below replacement cost and situated minutes from Central Expressway and Baylor Scott & White Medical Center. The property is surrounded by mature neighborhoods, elementary schools and local retail. This office boasts a high historical occupancy. This unique investment opportunity will be attractive to both the investor buyer and owner/user buyer. Investment Highlights: • Perfect Owner User Opportunity • Located in an Office Park with Historical High Occupancy • 2,000 and 1,600 Square Feet Available for Lease or Occupy

Market Context

This office in Mckinney, TX is listed for sale. The building dates to 2000. It has been on the market for 100 days. Compare it against other office listings for sale in Mckinney, TX — view the full market.

Contact

Explore this market

Similar Office for Sale in Mckinney, TX