1212 S Preston RD Active

Celina,TX 75009

$ 12000000

- Bed

- Bath

22334 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 22,334 sqft

Price per Sqft $537

Subdivision Keller Williams Add Ph 1

MLS Listing ID 20920496

HOA Y/N No

Year Built 2018

Annual Tax Amount $138,922

Lot Size 4.004 Acres

Acres 4.004

Property Sub-Type Office

Property Description

The listed property for sale includes a 22,000 sf 100% fully leased office building and a 1.6 acre commercial build site within the same platted property, ideal for adding a second building. The office building has a 2026 annual NOI of $620,000 and based on a 6% Cap Rate, a price of $10,300,000. The 1.6 acres additional land parcel is priced at $1,700,000 or $24.39 per square foot. Both properties are sold as a package.

Location

State TX

County Collin

Community Curbs,Sidewalks

Zoning Commercial

Direction Located on Preston Rd. north of Collin County Outer Loop

Interior

Heating Central,Natural Gas

Cooling Central Air,Electric

Flooring Ceramic Tile

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking,Assigned,Common,Concrete

Community Features Curbs,Sidewalks

Utilities Available Natural Gas Available,Sewer Available,Separate Meters,Underground Utilities,Water Available

Water Access Desc Public

Roof Type Built-Up,Metal

Road Frontage All Weather Road

Building

Lot Description Acreage

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID R1182200A00101

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