4783 Preston Road, Frisco, Texas 75034

$8,395,000
List Price
$8,395,000
MLS#
20117285
Status
ACTIVE
Type
Commercial
Year Built
2004
Construction Status
Preowned
Acres
1.76
County
Collin
City
Frisco
Subdivision
Frisco Corners

Property Description

Value Add or Owner User opportunity - potential for owner user to acquire entire building with income stream in place, and user can occupy 5,600sf recently vacated space for their own business. High Profile Preston Rd. site is available For Sale in Frisco, TX. This beautifully designed building is approximately 23,985 sq. ft. and located on Preston Rd. Currently, 15,406 sq. ft. (64%) is leased to Keller Williams on a NNN basis, with 7 years of term remaining on the Lease. Value add in leasing out the rest of the building or use the remaining space as a combination of owner user or another Tenant. Retail type exposure for tenants with 56,000 cars per day that pass directly in front of this property on a daily basis.

Additional Information

Unexempt Taxes
$112,879
Gross Annual Expenses
112000
Gross Annual Income
498843
Tenant Pays
All Utilities, Electricity
Lot Size
76,491
Acres
1.76
Lot Description
Other
Subdivided
No
Flooring
Carpet, Ceramic Tile
Foundation
Slab
Roof
Other
Building Stories
2
Walls
Brick
Ceiling Height Type
11 to 14 Feet, Other
Street Utilities
Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Water Meter, Natural Gas Available, Phone Available, Sewer Available
Heating Cooling
Central, Zoned
Construction Material
Brick
Parking Garage
Concrete, Parking Lot
Possession
Closing/Funding
Building Sq. Ft.
23686
Number of units
1
Leasable Sq Ft
5600
Building Use
Medical, Office, Retail, Other
Zoning
Retail Office Medical
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of L.J. Erickson from Duggan Realty Advisors L.L.C.. Contact: 972-980-9686