8018 Preston - Loft/Creative Space CONDO FOR SALE


Frisco, TX 75034
$465,000 USD
214-686-9007
8018 Preston, Frisco, TX for Sale
$465,000 USD
Loft/Creative Space CONDO - FOR SALE
1/12
null | 6.96% Cap Rate

Jul '27


8018 Preston
Frisco, TX 75034


OVERVIEW

This is a unique sale in that there is a tenant in there until July of 2027, but the unit is priced in comparison to vacant units, as opposed to being priced off of the NOI. Rare opportunity to purchase a unit at market price for vacant suites and receive bonus income of ~$2,700/month through June 2027 with the current lease. For that reason, this sale is better for Investors unless an owner/user is comfortable waiting approximately one year to occupy.

FOR SALE DETAILS

PRICE

$465,000 USD

PRICE/SF

$404 USD /SF

CAP RATE

6.96%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

4,600 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Office

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin KeaneWynmark CommercialMore Info
214-686-9007

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Justin KeaneWynmark CommercialMore Info
214-686-9007

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