1212 S Preston Rd - Office FOR SALE


Celina, TX 75009
$12,000,000 USD
214-762-5500
1212 S Preston Rd, Celina, TX for Sale
$12,000,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

1212 S Preston Rd
Celina, TX 75009


HIGHLIGHTS

  • Professional 2 Story Class A Office Building 100% Leased
  • Additional Development Potential with a 1.6 Acre Land Parcel
  • Strong Existing Tenants with long term NNN leases in place with esclations.

OVERVIEW

The listed property for sale includes a 22,000 sf 100% fully leased office building and a 1.6 acre commercial build site within the same platted property, ideal for adding a second building. The office building has a 2026 annual NOI of $620,000 and based on a 6% Cap Rate, a price of $10,300,000. The 1.6 acres additional land parcel is priced at $1,700,000 or $24.39 per square foot. Both properties are sold as a package. Tenants include: Keller Williams Realty, MH Title Company, Texas Republis Bank, State Farm and Open Late Dentistry

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

4.44 AC

LAND SF

193,406 SF

ZONING

F3

APN/PARCEL ID

R-11822-00A-0010-1

ASK ABOUT THIS PROPERTY

Bobby AppleKeller Williams CommercialMore Info
214-762-5500

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Bobby AppleKeller Williams CommercialMore Info
214-762-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.