1212 S Preston Rd, Celina, TX 75009

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List Price
$9,500,000
MLS#
21380058
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2018
Construction Status
Preowned
Acres
2.41
County
Collin
City
Celina
Subdivision
Keller Williams Add Ph 1

Property Description

The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. Tenants pay Rent plus NNN Expenses and Utilities. The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.

Additional Information

Tenant Pays
AllUtilities, CommonAreaMaintenance, Insurance, JanitorialService, Taxes
Lot Size
105,023
Acres
2.41
Flooring
Tile
Foundation
Slab
Roof
Metal
Building Stories
2
Parking Garage
Additional Parking, Assigned, Common, Paved
Possession
CloseOfEscrow
Proposed Use
Office
Inclusions
Land & Improvements
Community Features
Curbs, Sidewalks

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Listing courtesy of Bobby Apple from Keller Williams Prosper Celina. Contact: 972-382-8882

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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