Description
We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 85% leased 12,000 square-foot retail complex consists of five tenants and features a 6.47% Cap Rate Pro Forma. With leases extending through 2034 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.
-
0BEDS
-
1.1ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 85% leased 12,000 square-foot retail complex consists of five tenants and features a 6.47% Cap Rate Pro Forma. With leases extending through 2034 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.
© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cottage & Co Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Cottage & Co Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-15T14:43:03.047.
Listing information © 2024 North Texas Real Estate Information System.