Mckinney, TX 75070,8951 Collin Mckinney Parkway #904
$435,000
Est.Price: ?

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5.5 Acres Lot

8951 Collin Mckinney Parkway #904 Mckinney, TX 75070

Est. payment /mo
SOLD DATE : 05/10/2023

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Southern Hills Office Park Condos

MLS Listing ID 20283234

Sold Date 05/10/23

Total Fin. Sqft 1150

Year Built 2017

Annual Tax Amount $7,426

Lot Size 5.498 Acres

Acres 5.498

Property Description

Excellent Investor Property with a strong tenant. Increasing rent schedule over the next three years giving a third year CAP rate of 5.16% . This office condo has a superior location in McKinney near the Hwy 121 growth corridor, 1,150sf of upscale office space. Nicely appointed interior with functional floor plan. Private Entrance, reception, break room, conference room or 4th office. ADA restroom located off the main hallway leading to 3 private offices. Crown molding through-out. 9 & 11 foot ceilings. Large windows & 2” blinds provide natural light. Attractive stone and brick exterior. Security System.

Location

State TX

County Collin

Zoning Professional Office or Medical

Direction From Hwy 121 travel north on Custer. Turn right (east) on Collin McKinney Pkwy. The Southern Hills Office Park I will be on your right. Locate building 9 and suite 904.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Community Mailbox, Concrete, Curbs, Sidewalk, Underground Utilities

Roof Type Composition

Garage No

Building

Lot Description Interior Lot, Landscaped

Foundation Slab

Structure Type Brick,Rock/Stone,Wood

Others

Ownership My Home Real Estate Management LLC

Financing Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Chris Meyer • Keller Williams Realty DPR
Bought with Susan Hanson • Stonebriar Realty Group

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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