190 Industrial Blvd McKinney, TX 75069

This exceptional value-add industrial property in McKinney, Texas, presents a compelling investment opportunity. Located at 190 Industrial Blvd, this 51,710-square-foot facility boasts a 7.00% cap rate and a strong 100% occupancy. The property comprises three units within a single, one-story building constructed in 1982, situated on a 3.842-acre lot. Zoned for light manufacturing, it features ceiling heights ranging from 20 to 28 feet, providing ample vertical space. While lacking loading docks and dock-high doors, the property compensates with secured outside storage and multiple 20-ton bridge cranes, along with heavy power, making it highly suitable for manufacturing tenants. The property's prime location, less than two miles from historic downtown McKinney and Highway 75, ensures excellent accessibility and strong tenant appeal. The substantial net operating income (NOI) of $476,254 further underscores the investment potential of this fully-leased asset, priced at $6,803,630 ($131.57 per square foot). This property offers a rare combination of features and location, promising a secure and profitable investment for the discerning buyer.