Bosco Building
Mixed Use | 6.7% CAP | 15,000 SqFt
Marketing description
Vision Commercial Real Estate is pleased to present the opportunity to acquire a 100% occupied Three-Story Mixed Use property located in McKinney, TX, ranked as the No. 1 real estate market in the country on WalletHub’s annual ranking (DFW AGENT Magazine). This 15,000 SF building, built in 2017 on a 0.5-acre lot, produces $354,890 in annual NOI. The property is fully leased, providing investors with a stable, income-generating asset in a high-growth market.
Located at the northeast corner of Virginia Street and State Highway 5, the property benefits from major surrounding developments including new multifamily, retail, and civic projects as well as the relocation and expansion of TUPPS Brewery in the historic Mill District. The area continues to experience strong redevelopment momentum, enhancing long-term value and positioning this property as a prime investment opportunity.
Investment highlights
- 100% leased trophy asset located IN McKinney on the Square
- UPSIDE - Ability to add 3k SF rooftop patio or build 3k SF lease space on third floor
- Annual rent bumps
- Across from NEW 300+ apartment complex, new city hall and more
- Free parking garage directly behind building
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