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… Read More 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. Read Less
Courtesy of RE/MAX Associates of Mansfield, Renee Hudson.
Listing Snapshot
Days Online
574
Last Updated
Property Type
Office
Square Ft.
11,187
Lot Size
1.15 Acres
Year Built
2000
MLS Number
20272378
Additional Details
Building
Built in 2000, Construction materials: Brick, StoneVeneer, 1 total story, Toal building area: 11187
Cooling
CentralAir, Electric
Floors
Carpet
Heating
Central, Electric
Income
Gross income: $360,260, Net operating income: $292,444
