Active

2300 W White Avenue

Mc Kinney TX, 75071

$2,400,000


$290.77 per sqft

Active

8,254 sqft

Commercial

Built in 1999

Welcome to an exceptional real estate opportunity in the heart of McKinney - a fully occupied office building, with serene views, that promises to be a lucrative addition to your portfolio. With the potential to achieve a remarkable 7% cap rate by June 1, 2025, this property is a testament to the promising future of the local market. Currently fully occupied, it provides a stable & immediate stream of income. The diverse tenant mix & long-term leases in place contribute to the stability & growth potential of this investment. This cap rate offers an attractive ROI & promises excellent appreciation potential. Convenient access to major highways 75 & 121 ensure that this office is easily accessible for tenants & clients alike. McKinney National Airport, Dallas Love Field and DFW International are also within a reasonable drive.

20468736

MLS ID

April 10, 2024

Updated

Map

2300 W White Avenue
Mc Kinney TX, 75071

Interior Features

Total Stories

1


Floor Description

Luxury Vinyl Plank


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

1.36 Acres


Lot Features

Acreage, Interior Lot, Few Trees


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$21,014


Tax Frequency

Annually


Garage

No


Parking

Parking Lot


View

No


County

Collin


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listed by Janet Clark-Sela with SocialLivingRealEstateBoutique
Listing Contact: 214-945-1970 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 4/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 4/10/2024 at 10:18 PM UTC

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