- $4.1M Price
- 1.15 Acres
- 2000 Year Built
- Study
- Game Room
- Media
- Pool
5601 Virginia Parkway
McKinney, TX 75071-5533
100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.1% 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.
View Virtual TourEssential Information
- Price$4,100,000
- Reduced By$400,000
- Cumulative Days on MarketUnlock
- MLS® #20272378
- Bathrooms0.00
- Acres1.15
- Year Built2000
- Built Desc.Preowned
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community
- Address5601 Virginia Parkway
- SubdivisionJoplin Acres
- CityMcKinney
- CountyCollin
- StateTX
- Zip Code75071-5533
- UtilitiesCity Sewer, City Water
- Taxes42988
Amenities
- GaragesParking Lot
Interior
- FloorsCarpet
- Stories1
Construction Details / Floorplan
- Stories1
- RoofComposition
- FoundationSlab
- ConstructionBrick, Stone Veneer
Energy Efficiency / Green Features / Heating & Cooling
- HeatingCentral, Electric
Additional Information
- ZoningOffice / Medical
Listing Details
- AgentRenee Hudson
- OfficeRe/max Associates Of Mansfield
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Listing information last updated on April 28th, 2024 at 2:30am CDT.