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$4,000,000
307 Days Online

5601 Virginia Parkway
McKinney, TX 75071

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
11,187
SqFt
$358
/SqFt
2000
Built
Subdivision:
Joplin Acres
County:
Collin
Call Now: (817) 765-6730
Is this the home for you? We can help make it yours.
(817) 765-6730
5601 Virginia Parkway5601 Virginia Parkway5601 Virginia Parkway5601 Virginia Parkway
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Monthly Payment (Est.)

$18,250
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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 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.

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Listing Snapshot
Price 
$4,000,000
Days Online 
307 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,187 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.15 Acres
Year Built 
2000
MLS® Number 
20272378
Status 
Active
Property Tax 
$42,988
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $4,000,000
10 months agoListing first seen online
2 years agoListing updated with changes from the MLS®
General Features
Acres 
1.15
Foundation 
Slab
Number Of Stories 
1
Parking 
Parking Lot
Property Sub Type 
Office
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11187
Water Source 
Public
Zoning 
Office / Medical
Interior Features
Cooling 
Central AirElectric
Flooring 
Carpet
Heating 
CentralElectric
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Exterior Features
Construction Details 
StoneBrickStone Veneer
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Renee Hudson of RE/MAX Associates of Mansfield 6823005422



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 02:30 PM CDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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