Trust a Top Realtor in the US to Find Your Dream Home

Find Your Home
Save
Ask
Tour
Hide
Share
$4,000,000
625 Days On Site

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
5601 Virginia Parkway5601 Virginia Parkway5601 Virginia Parkway5601 Virginia Parkway
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,000,000
Days On Site 
625 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
4 months agoListing updated with changes from the MLS®
4 months agoPrice changed to $4,000,000
12 months agoStatus changed to Active
2 years agoListing first seen on site
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
Save
Ask
Tour
Hide
Share
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.
Save
Ask
Tour
Hide
Share
855-299-SOLD
855-299-7653