5881 Virginia Pkwy McKinney, TX 75071
14,111 SF, 100% Occupied, Value-Add
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 128
Highlights
- Fully occupied medical office building offering a secure investment opportunity with 68% of GLA dedicated to medical tenants.
- 53,000 SF developable pad provides significant value creation potential.
- Average rent is 26% below market, presenting a value-add opportunity.
- Strong local demographics: $372,333 median home value and $137,830 median household income within a 2-mile radius.
- Excellent accessibility via Virginia Parkway, Ridge Road, and Highway 75, providing easy connectivity to the DFW Metroplex.
Property Details for 5881 Virginia Pkwy
- Property type
- Retail properties
- Square Feet
- 14,111 SF
- Year Built
- 2006
- Buildings
- 1
- Lot Size (sq. ft)
- 130,680 SF
Location Insight
- City
- McKinney
- County
- Collin
- State
- Texas
- Latitude
- 33.1978091
- Longitude
- -96.6961015
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 14,111 SF, 100% Occupied, Value-Add
- Where is the retail property located?
- The property is located at 5881 Virginia Pkwy McKinney, TX.
- What is the asking price?
- The asking price for this property is $4,000,000.
- What are key features of this property?
- This property features: Fully occupied medical office building offering a secure investment opportunity with 68% of GLA dedicated to medical tenants.; 53,000 SF developable pad provides significant value creation potential.; Average rent is 26% below market, presenting a value-add opportunity.
- How can I contact the broker?
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