TX > Mckinney > Joplin Acres
Mckinney, TX 75071,5601 Virginia Pkwy
Mckinney, TX 75071,5601 Virginia Pkwy
Mckinney, TX 75071,5601 Virginia Pkwy
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$3,800,000
Est. payment /mo
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11,187 SqFt
Active

5601 Virginia Pkwy Mckinney, TX 75071

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Patrick Maxam

Patrick Maxam

+1(254) 200-0044

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 11,187 sqft

Price per Sqft $339

Subdivision Joplin Acres

MLS Listing ID 20272378

HOA Y/N No

Year Built 2000

Annual Tax Amount $42,988

Lot Size 1.150 Acres

Acres 1.15

Property Sub-Type Office

Property Description

100% LEASED AT CLOSING WITH MASTER LEASE IN PLACE!!! 7.63% 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 $17 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.

Location

State TX

County Collin

Zoning Office / Medical

Direction East on Virginia from Ridge. Property on the right.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID R419000A00301

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20272378

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agent

Patrick Maxam

Broker/Owner | License ID: 533260

+1(254) 200-0044

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5601 Virginia Pkwy