1212 S Preston RD Celina, TX 75009
22,334 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 22,334 sqft
Price per Sqft $425
Subdivision Keller Williams Add Ph 1
MLS Listing ID 21380058
Construction Status Resale
HOA Y/N No
Year Built 2018
Lot Size 2.411 Acres
Acres 2.411
Property Sub-Type Office
Property Description
The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881.
There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.
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 Highway, All Weather Road
Private Pool No
Building
Lot Description Acreage
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID R1182200A00101
Acceptable Financing Cash, Conventional, 1031 Exchange, See Agent
Listing Terms Cash, Conventional, 1031 Exchange, See Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21380058