About 5601 Virginia Parkway
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.
MLS® #20272378 is a Office located at 5601 Virginia Parkway, in McKinney TX.
Amenities
| Utilities |
City Sewer, City Water
|
| Garages |
Parking Lot
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Heating |
Central, Electric
|
| Fireplace |
No
|
| # of Stories |
1
|
Exterior
| Roof |
Composition
|
| Construction |
Brick, Stone Veneer
|
| Foundation |
Slab
|
Listing Details
| Agent | Renee Hudson |
|---|
| Office | RE/MAX Associates of Mansfield |
|---|
| Contact Info | 817-473-7700 |
|---|
MLS® #20272378 - Active - 5601 Virginia Parkway in McKinney, TX is a Office located in the subdivision of Joplin Acres. Built in 2000, commercial sale property has a reported $42,988 in annual taxes, according to the data provided for MLS® #20272378. This residential property has a lot size of 1.15 acres. Located in Collin County, 5601 Virginia Parkway is in close proximity to everything. This property is currently listed for $4,000,000.
This Office comes with Central, Electric heating.
According to statistics, there are currently 1,593 listings for sale in McKinney. The average listing price is $510,476, with the highest listing price being $22,415,540.
Home Centers Realty wants to provide you, the consumer, access like the pros! Enjoy your new home search. To request a showing, please contact one of our DFW real estate agents.
