Mckinney, TX 75070,3180 Eldorado Parkway
Mckinney, TX 75070,3180 Eldorado Parkway
Mckinney, TX 75070,3180 Eldorado Parkway
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$3,500,000
Est. payment /mo
1.1 Acres Lot

UPDATED:

10/08/2024 12:48 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Highlands Add

MLS Listing ID 20734824

Total Fin. Sqft 12000

Year Built 2006

Lot Size 1.097 Acres

Acres 1.097

Property Description

We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 85% leased 12,000 square-foot retail complex consists of five tenants and features a 6.47% Cap Rate Pro Forma. With leases extending through 2034 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.

Location

State TX

County Collin

Zoning Commercial

Direction Get on I-30 W Follow I-30 W, President George Bush Tpke W and US-75 N to S 75 Central Expy US Hwy 75 S in Fairview. Exit from US-75 N Continue on N Central Expy to your destination in McKinney

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Other

Parking Type On Site, Parking Lot

Garage No

Building

Lot Description Acreage, Cleared

Foundation Slab

Structure Type Other

Others

Ownership See Tax Roll


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ross Miller • M&D Real Estate

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Leslie Mealem

+1(806) 790-5909

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3180 Eldorado Parkway