1860 S Independence Parkway

    Mckinney, TX 75072
    • $2,665,500
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 14089693
    UPDATED: 72 min ago
    $2,665,500
    • 0
      BEDS
    • 0.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Offered by Jaga Mosali of Urbancountry Realty Llc.

    Description

    An exceptional opportunity to purchase a 7,356 two-tenant retail property at the intersection of Independence and Westridge The property is currently at 100% leased out. New 2018 construction with fully Leased Two-Tenant Retail Center with 10 year leases and triple net and 5 more year renewal option. Rent increase after 5years Rents are Currently Well-Below Market and located on the densely populatedand heavy traffic Independence Pkwy

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    © 2019 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 RE/MAX Town & Country. 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 RE/MAX Town & Country 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 2019-05-23T23:41:49.43.
    www.rmxtc.com/homes/94729481

    1860 S Independence Parkway Mckinney, TX 75072

    • Price: $2,665,500
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 14089693
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.76
    Acres
    2018
    Built
    Neighborhood:
    Heights At Westridge Planning Area 12 Prcl 12
    County:
    Collin
    Area:
    55 - FRISCO / DENTON-COLLIN COUNTIES (55)
    Property Description
    An exceptional opportunity to purchase a 7,356 two-tenant retail property at the intersection of Independence and Westridge The property is currently at 100% leased out. New 2018 construction with fully Leased Two-Tenant Retail Center with 10 year leases and triple net and 5 more year renewal option. Rent increase after 5years Rents are Currently Well-Below Market and located on the densely populatedand heavy traffic Independence Pkwy
    Exterior Features

    Construction Materials Walls Brick Foundation Slab Parking Or Garage Common Lot Road Frontage Type Concrete Roof Overlay Topography Level

    Interior Features

    Ceiling Height 11 To 14 Feet8 To10 Feet Commercial Features Fire AlarmFire SprinklersSecurity System Flooring Concrete Heating Central Air-ElecCentral Heat-Gas Sq Ft Building 7356 Sq Ft Gross 33541 Sq Ft Leasable 7356

    Property Features

    Building Area Source Tax Building Use Retail Commercial Zoning Retail Construction Status New Construction - Complete Gross Annual Expenses 0 Gross Annual Income 181250 Inclusions Building OnlyLand & Improvements Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 181250 Possession Closing/Funding Property Type Com-Sale Tenant Pays All UtilitiesRenters InsuranceYard Care Unexempt Taxes 9552 Utilities City SewerCity Water Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 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 RE/MAX Town & Country. 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 RE/MAX Town & Country 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 2019-05-23T23:41:49.43.
     
    RE/MAX Town & Country
    301 S Watters Road
    Allen TX, 75013
    Offered by Jaga Mosali of Urbancountry Realty Llc.