Listed by M&D CRE
Unpriced
3180 Eldorado Pkwy, McKinney, TX
Details
APN R196900A16R11
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 12,000
Units 5
Cap Rate 6.60%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 10
Class B
Year Built 2006
Buildings 1
Stories 1
Acreage 1.100
Zoning Commercial Retail
Investment Type Stabilized
6.60% Cap Rate Pro Forma | 100% Leased | Leases into 2035
Marketing description
We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 100% leased 12,000 square-foot retail complex consists of five tenants and features a 6.60% Cap Rate. With leases extending through 2035 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.
Investment highlights
Pime Retail Investment Sale
100% Leased, 6.60% Cap Rate Pro Forma
12,000 SF Multi-Tenant Retail Complex
Leases Going Into 2035 w/ Escalations
High Traffic Area Off Eldorado Pkwy
Listing Contacts
Listed by M&D CRE
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